Opus International Consultants Limited (Opus) has reported a 17.4% increase in revenue to $296 million, exceeding its forecast by $15.4 million, or 5.5%, for 2007.
Opus International Consultants Limited will commence trading on the New Zealand Stock Market at 11am tomorrow (30 October) following very strong support for its share offer from both institutional and retail investors, and also from Opus employees.
Opus International Consultants Ltd is expected to debut on the stock exchange successfully tomorrow because it operates in a popular infrastructure and engineering sector and because it didn't sell many shares. There was no public pool in the initial public share offer and most of the shares went to institutions and organising brokers First NZ Capital and Macquarie.
Opus International Consultants has broadened its capability at its Dunedin office with the appointment of a dedicated manager to head up the environmental engineering business there.
Opus International Consultants Limited (“Opus”) has today announced a final price of $1.65 per share for shares in its upcoming Initial Public Offering (“IPO”). With its headquarters in New Zealand, Opus is an international multidisciplinary infrastructure consultancy providing asset development and asset management solutions for both the public and private sectors. At this final price, Opus will have a market capitalisation of approximately NZ$224 million following conclusion of the IPO.
The Wanganui office of Opus International Consultants and HEB Smithbridge Contractors recently received the Major Project Award at the recently announced 2007 New Zealand Roading Excellence Awards.
Opus International Consultants has appointed Kelvin Moody to the position of Regional Manager for New South Wales. Mr Moody, who is presently the Manager of the Rotorua office of Opus in New Zealand will take up his position this month and will be based at Opus’ Sydney office.
Chairman of Opus International Consultants, Basil Logan has announced the appointment of Kerry McDonald to the new position of Deputy Chairman of the Opus Board. He also announced that incumbent Opus Chief Executive, Dr Kevin Thompson, has been appointed to the Board as Managing Director.
Opus International Consultants, the New Zealand based global consultancy announced today that it has acquired the large Australian based infrastructure consultancy Qantec McWilliam Consulting Engineers. This more than doubles the number of employees Opus presently has in Australia to 300.
Opus International Consultants was the recipient of the Silver Award at the prestigious Association of Consulting Engineers New Zealand (ACENZ) Awards dinner, which was held at the War Memorial Centre in Napier.