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Decmil in financial crunch

Jenny Wiggins

Decmil has delayed reporting its interim results until early April and extended a trading halt as the engineering group assesses whether it needs to raise equity after losing a contract to build prisons in New Zealand.

Decmil CEO Scott Criddle, The New Zealand Corrections Department questioned whether the firm was up to the standards required of it. Nic Walker

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/decmil-in-financial-crunch-20200312-p549aw