Australia stocks lower at close of trade; S&P/ASX 200 down 1.18%
- ByInvesting.com
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UGL Pty Limited provides outsourced engineering, construction, and asset management and maintenance services to blue-chip companies, government agencies, private enterprise, and public institutions in Australia and internationally. It operates through Rail & Defence, Asset Services, Technology Systems, Engineering & Construction, Asia, and Ichthys CCPP & SMP projects segments. The Rail & Defence segment provides naval ship maintenance services. The Asset Services segment offers maintenance services, and shutdowns and turnarounds services in the liquefied natural gas, minerals processing, petroleum, power, and water sectors. The Technology Systems segment provides road tunnel and rail infrastructure systems; and signalling communications and telecommunications solutions. The Engineering & Construction segment offers procurement, construction, and commissioning services for the power, water, and resources sectors. The Asia segment provides water infrastructure, transport systems, and oil and gas pipeline services. The Ichthys CCPP & SMP projects segment engages in the construction of a combined cycle power plant; and structural, mechanical, and piping construction on the Ichthys LNG Project in Darwin, Australia. The company was formerly known as United Group Limited and changed its name to UGL Pty Limited in November 2009. The company was founded in 1970 and is based in North Sydney, Australia. UGL Pty Limited operates as a subsidiary of CIMIC Group Limited.