Monday, 26 November, 2007 - 14:03
VDM's Civmec wins $30 million mine camp project
VDM Group Ltd subsidiary, Civmec Construction & Engineering Pty Ltd, has been awarded a $30 million contract to construct a permanent mine camp at Moorvale Queensland.
John Farrell has significant management experience in the property sector, particularly sourcing land for subdivision developments, construction and investment.
Mr Farrell has held high profile board roles with the Australian Manufacturing Council, the Australian Maritime Museum and the Australian Shipbuilders Association.
Rank | Company | # | |
---|---|---|---|
193rd | ![]() |
VDM Group | $0 |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
840th | My Rewards International">My Rewards International | 0% | 0% |
841st | Purifloh">Purifloh | 0% | -45.56% |
842nd | VDM Group">VDM Group | 0% | -12.94% |
843rd | Range International">Range International | 0% | -16.93% |
844th | Yowie Group">Yowie Group | 0% | 0% |
VDM Group Ltd subsidiary, Civmec Construction & Engineering Pty Ltd, has been awarded a $30 million contract to construct a permanent mine camp at Moorvale Queensland.
VDM Group Ltd has reported a net profit after tax for the half year of $11.2 million, a 120 per cent increase over the corresponding period of 2006.
VDM Group is on the lookout for a new chief executive after John Farrell agreed to step down from the post immediately.
Two years ago, Viento Group was a battling property investment company treading water. Then along came former VDM Group managing director John Farrell and former NRW Holdings director John Silverthorne.
Calibre Group co-founder Ray Munro has agreed to take an executive role at Viento Group, where he will work alongside contracting veterans John Farrell and John Silverthorne.
Former mining services company Viento Group is under new leadership after a board restructure replaced all directors, including John Silverthorne, who in July struck a deal to buy all of the company’s assets for $17 million and form a new private venture which trades as Viento Contracting Service
Position | Company | Year | Company's current rank |
---|---|---|---|
Executive Director
|
2011 - 2015 | ||
Chief Executive Officer
|
2004 - 2009 | 193 | |
Chief Executive Officer
|
2004 - 2009 | 80 | |
Corporate Director
|
- |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2012-06-14 | Bought | 1,000,000 | $0.25 | $250,000 | Other | |
2011-12-15 | Bought | 2,987,568 | $0.15 | $448,135 | Off-market trade |