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.

Macmahon balks at Sembawang offer Macmahon balks at Sembawang offer Macmahon balks at Sembawang offer Macmahon balks at Sembawang offer 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

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