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BASIL READ AND TWP ANNOUNCE MERGER
JSE-listed multi-disciplinary EPCM engineering firm TWP Holdings has merged with leading construction firm Basil Read, effectively creating a force to be reckoned with in South Africa’s EPC (Engineering, Procurement and Construction) arena. [ read more ]
Check out Basil Read’s brand new contracts.[ read more ]
Leading construction group Bouygues and Basil Read (Pty) Ltd have recently completed the much anticipated Mbombela Stadium, a world-class sporting facility, located in the heart of Mpumalanga, which will host four rounds of FIFA World Cup matches in 2010. [ read more ]
The Civils Division of leading Construction Company Basil Read (Pty) Ltd has been involved in the Durban Container Terminal (DCT) Re-Engineering Project for Transnet since June 2008. With a stringent set of safety standards and a zero tolerance policy, Basil Read looks set to notch up another 1 million LTI- free hours at Durban Harbour this year. [ read more ]
Basil Read Roads will start work in mid June on the improvement and rehabilitation of the N12 from Jan Smuts / R21 to Tom Jones worth R980 million, and Roadcrete Africa will start the rehabilitation, upgrading and toll plaza construction on the R30 between Glen Lyon and Brandfort worth R330 million at the end of June. The two contracts are worth in excess of R 1 billion! [ read mor ]
R21 / Tom Jones Project Description
The N12 Section 19 is part of a dual carriage freeway that runs in an east-west direction and is a high traffic route linking the areas of Benoni, Brakpan, Boksburg and Germiston with Johannesburg to the west and Witbank to the East. [ read more ]
Leading construction company, Basil Read (Pty) Ltd has geared itself towards making 2009 the year of the company’s global expansion.
According to Basil Read CEO, Marius Heyns, the strategic planning has involved an extensive restructuring process whereby the company will make available some of its top management executives to become a pivotal part of this global strategy. “In addition Basil Read has also begun recruiting additional Senior Executives to strengthen the team, during this crucial time,” says Heyns. [ read more ]
Basil Read Holdings Limited has issued a cash share placement by subscription with the Industrial Development Corporation (IDC) of South Africa.
The IDC has subscribed for new share capital to the extent of R 179.6 million in Basil Read Holdings Limited, after completing a two month evaluation process. Basil Read issued 9.1 million new ordinary shares at a share price of R19,76 per share. Therefore the IDC is effectively an 11% shareholder in the Basil Read Group. [ read more ]
Sunday Times Business Times Top 100 Companies Survey 2009: Basil Read does it again! The night of 20 October 2009, saw another glittering award ceremony held at the Rand Club in Johannesburg, where the Sunday Times honoured the Top 100 listed companies in South Africa.
Topping that enviable list and winning the Sunday Times Top 100 Companies Award for the second consecutive year - was Basil Read. [ read more ]
