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Шаблон:Short description Шаблон:EngvarB Шаблон:Use dmy dates Шаблон:Infobox company

CIMIC Group Limited (formerly Leighton Holdings) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects.

History

Файл:Leightonlogo.png
Logo used prior to April 2015

Founded in 1949 by Stanley Leighton, Leighton Holdings was first listed on the Melbourne Stock Exchange in 1962.[1] The company formed Leighton Asia, based in Hong Kong, in 1975.[2]

In July 1983 Leighton Holdings, purchased Thiess Contractors, with its major shareholder, Hochtief, becoming a shareholder in Leighton Holdings.[3][4][5] In April 1997, the Welded Mesh structural materials division was sold to Smorgon Steel.[6]

In 2000, Leighton Holdings bought a 70% stake in John Holland; this was increased to 99% in 2004 and 100% in December 2007.[7] Hochtief became a majority shareholder of Leighton Holdings in February 2001.[8]

In October 2013, Fairfax Media alleged that Leighton Holdings had made corrupt payments to Hussain al-Shahristani, Deputy Prime Minister of Iraq, to secure an oil pipeline contract in Iraq and other contracts.[9] Basil Al Jarah, the Iraq country manager for Unaoil, a Monaco-based company allegedly acting for Leighton Holdings, subsequently pleaded guilty to corruption.[10]

By March 2014, Spanish company ACS Group, through its acquisition of a majority shareholding in Hochtief, was the majority owner of Leighton Holdings.[11] In June 2014, Verdes also became chairman of Leighton's executive board.[12]

In December 2014, Leighton Holdings sold John Holland to China Communications Construction for $1.15 billion.[13]

In April 2015, Leighton changed its name to CIMIC Group (abbreviated from Construction, Infrastructure, Mining and Concessions).[14]

In March 2016, CIMIC purchased mining company Sedgman for A$256 million.[15] In December 2016, CIMIC purchased engineering company UGL Limited for A$524 million.[16]

In November 2021, the Ventia services division was spun off with CIMIC retaining a 33% shareholding.[17]

In March 2022, CIMIC was accused of arranging its affairs through the sale of its Middle Eastern business interests to avoid paying workers, subcontractors and suppliers in the region. Fatima Almass Al-Hamad, a judicial guard in Qatar, who was appointed by the court as an administrator of the Qatar business, Leighton Contractors Qatar, described the situation as "a humanitarian disaster".[18]

In April 2022, Hochtief increased its shareholding and commenced action to compulsorily acquire the remaining shares.[19]

In 2022, CIMIC was delisted from the Australian Securities Exchange.[20]

Structure

CIMIC Group includes the following businesses:[21]

  • CPB Contractors (construction)
  • Leighton Asia (construction)
  • Broad Construction (construction)
  • Thiess (joint control) (mining)
  • Sedgman (mining)
  • UGL Limited (services)
  • Pacific Partnerships (development and investment)
  • EIC Activities (engineering consultancy)

Major projects

Файл:Starcitycasino.jpg
Star City Casino in 2007

Шаблон:Div-col Major projects undertaken by Leighton Contractors (renamed CPB Contractors in January 2016) include:

Шаблон:Div-col-end

References

Шаблон:Reflist

External links

  1. Шаблон:Cite news
  2. Шаблон:Cite news
  3. Leighton plans to merge with construction giant Canberra Times 9 June 1983 page 23
  4. Chances for profit curbed, Leighton chairman says Canberra Times 25 October 1984 page 21
  5. Into the 1980s Thiess
  6. Smorgon Steel boosts stocks Australian Financial Review 17 April 1997
  7. Шаблон:Cite web
  8. Шаблон:Cite web
  9. Шаблон:Cite web
  10. Шаблон:Cite web
  11. Шаблон:Citation
  12. Шаблон:Cite web
  13. Шаблон:Cite web
  14. Шаблон:Cite web
  15. Шаблон:Cite news
  16. Шаблон:Cite web
  17. Top 20 Shareholders and Shareholder Distribution Details Ventia 21 November 2021
  18. Шаблон:Cite news
  19. Compulsory Acquisition of Shares in CIMIC Group Limited following takeover bid Clifford Chance 29 April 2022
  20. CIMIC Group Limited - Suspension from Official Quotation Australian Securities Exchange 6 May 2022
  21. Шаблон:Cite web
  22. Woden Parkway construction, The Canberra Times, Page 10, 19 September 1966
  23. 23,0 23,1 23,2 23,3 23,4 Шаблон:Cite web
  24. Tallowa Contract Sets Record Шаблон:Webarchive Leighton News Letter issue 16 August 1972
  25. Шаблон:Cite web
  26. Шаблон:Cite web
  27. Шаблон:Cite book
  28. Шаблон:Cite journal
  29. Шаблон:Cite book
  30. Шаблон:Cite web
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  33. Шаблон:Cite journal
  34. Шаблон:Cite news
  35. Шаблон:Cite web
  36. Шаблон:Cite web
  37. Westpac Place Leighton Properties
  38. Шаблон:Cite news
  39. Шаблон:Cite web
  40. Шаблон:Cite web
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  46. Deer Park - West Werribee Junction Regional Rail Link, Retrieved 4 January 2020
  47. Шаблон:Cite web
  48. Шаблон:Cite news
  49. Шаблон:Cite web
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