TSE 5.50% $1.06 transfield services limited

transfield gets more funds to upgrade public h

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    Sydney - Wednesday - August 26: (RWE Aust Business News) - The
    NSW Government has released an additional $100 million to Transfield
    Services' (ASX:TSE) Housing NSW contract to upgrade and maintain public
    housing.
    This is in addition to the $30 million announced in May, building
    on the five-year $385 million maintenance contract.
    Transfield Services is also working closely with Housing NSW to
    develop a portfolio of additional stimulus project work to the value of
    approximately $40 million to be delivered this financial year.
    Transfield Services expects to continue to benefit from the
    stimulus packages allocated in Australia to maintain and upgrade rail,
    housing and schools.
 
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