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Macmahon balks at Sembawang offer

THE latest bid for Macmahon Holdings' construction arm by Singapore-based Sembawang Engineers has been rebuffed as a crucial shareholder vote nears.

Justin Niessner
Macmahon balks at Sembawang offer

Macmahon’s independent directors issued a statement today urging shareholders to reject the $A35 million offer when the company holds an extraordinary general meeting next week on grounds that the proposal...

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