Credit Suisse Standard Securities has explored the notion of a potential future alliance between China based construction players and Murray & Roberts.
Murray & Roberts Holdings said that it expects diluted headline earnings per share and diluted earnings per share for the year ending June 30, 2010 to be 50% to 55% lower.
Sephaku Holdings has announced that a heads of agreement has been signed with Dangote in relation to the funding of a cement project held by its 80.2%-held subsidiary, Sephaku Cement.
Esorfranki has pointed to an approved capital expenditure of R72m for the 2011 financial year to accommodate future growth 'and to maintain its competitive edge.
Buildmax has reported a headline loss of 5.9c per share for the year ended 28 February 2010, from a previous headline earnings per share of 13.4c.
Construction Group Raubex Group has pointed to a secured order book of R4.7bn to help see the group through continued challenging trading conditions in the short-term.
WG Wearne says that it expects a headline loss per share of between 23c and 25c and loss per share of between 17c and 19c for the year ended February 2010.
PPC CEO Paul Stuiver says that the group is concerned about the outlook for cement demand in the second half amid an uncertain economic recovery.
Sanyati says that shareholders have been advised of the R50.2m change in an estimate which has been recognised in the interim results for the 6 months ended August 2009.
PPC has reported diluted headline earnings per share of 114.3c for the 6 months ended march 2010 from 20.3c a year ago.

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