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Article: BRIEFING - ASIA INFRASTRUCTURE - AUG 17, 2006.
- Article from:
- AsiaPulse News
- Article date:
- August 17, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on infrastructure for Aug 17, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIA'S MULTIPLEX CAUTIOUS IN BID TO RECOUP WEMBLEY LOSSES
SYDNEY - Multiplex Group Ltd (ASX:MXG) says its attempts to recoup its Wembley losses through legal avenues could result in bigger booked losses if it loses in court.
The construction and development group today also said its billion ($US767.35 million) Wembley project in the United Kingdom incurred a pre-tax loss for the year of $A364.3 million, or $A255 million after tax.