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SYL - Symal Group

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Symal Group Limited is an independent, Self-performing and integrated Australian construction group focused on civil construction, equipment hire, material sales, recycling and remediation with diversified end market exposures.

Symal Group’s services provide an end-to-end civil construction solution with touchpoints across the entire construction project lifecycle under four main brands – Symal, Sycle, Unyte and Wamarra (which is 49% owned by Symal).

Symal Group has over 1,000 employees and has 11 office locations across Victoria, New South Wales, Queensland and South Australia (as at 30 June 2024).

Symal intends to pursue continued growth by leveraging its market positions and end market exposures, the competitive advantages offered by its vertically integrated business model and continuing both organic and inorganic investment opportunities assessed against a disciplined returns framework.

It is anticipated that SYL will list on the ASX during November 2024.

 
Listing date21 November 2024 #
Contact detailshttps://symal.com.au/
Ph: 1800 314 659
Principal ActivitiesCivil construction contracting and subcontracting
Issue PriceAUD 1.85
Issue TypeOrdinary Fully Paid Shares
Security codeSYL
Capital to be Raised$136,000,000
Expected offer close date18 November 2024
UnderwriterJarden Australia Pty Ltd (Underwriter/ Lead Manager). Ord Minnett Limited (Joint Lead Manager)
 
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