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The award of the RIS Alliance contract follows contractual close for the Tunnel, Stations and Development PPP package of the project, to be delivered by CIMIC Group companies Pacific Partnerships, CPB Contractors and UGL, as part of the Pulse consortium.
UGL Managing Director Jason Spears said: 'UGL is Australia's leading provider of mechanical, electrical and rail services.
Even if it is in the middle of the night, we attend to our customers' request and make sure we are available to assist our business partners," said Redha Hasan Al Yousuf, Chairman of UGL.
Victus, an investment company associated with the family of former Central Bank governor Phillip Ndegwa currently holds 50.93 per cent stake in UGL. If the transaction is successful, Seaboard will own a 49.07 per cent stake in Unga Group Limited, while Victus will maintain its 50.93 per cent stake, a status likely to make them equal partners, owning 99.07 per cent of the firm.
21 August 2017 - Massachusetts, US-based logistical services company RoadOne IntermodaLogistics has acquired Chicago, US-based logistics company United Global Logistics, Inc., (UGL) to strengthen its Midwest service offerings and overall North American network, the company said.
In the four years UGL has been present, Naylor has seen "encouraging signs of growing awareness of FM." Commenting on the year-end announcements of the new joint ventures, he believes both developments will have a positive effect for the FM market, both in Saudi Arabia and across the region.
Leung signed a contract that was supposed to earn him millions for refraining from competing with UGL or DTZ and to desist from poaching on their staff.
DTZ was not immediately available to comment on Thursday, while UGL denied any wrongdoing, saying it was under no obligation to disclose the agreement.
The sale price represents a fair UGL Managing Director and CEO, Richard Leupen said the board believes that a separation of the two distinct businesses is the right decision to allow both DTZ and Engineering to "focus on their own strategies and opportunities for growth unhindered."
Also new from UGL, is DRYLOK Clear Masonry Waterproofer (patent pending), an alternative coating to traditional pigmented waterproofing systems.
"We are proud that reputed companies like Mosanada UGL recognised the potential of our solutions and chose it.
UGL, which bought the global property services firm in 2011, has announced DTZ is to become one of two separate ASX-listed businesses, the other being focussed on engineering, construction and maintenance services in Australia, New Zealand and Asia.
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- Ugine Sejournet process
- Ugland Offshore Racing
- Uglegorsk State Regional Electric Powerplant
- ugli fruit
- ugli fruit
- Uglich Affair
- Uglich Lake
- Uglich Reservoir
- Uglichskoye Reservoir