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Monday, May 18, 06:21:35amLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 123456[7]8910 ]
Subject: ERG was one of three tenderers for the project in Perth, located in West Australia state.


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Thursday July 17, 10:15 AM Around 0200 GMT, shares in the Australian smart card company were down 10 cents, or 8.6%, at A$1.06.
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Date Posted: Thursday, July 17, 01:33:52am
In reply to: 's message, "Perth tender lodged 29/11/02." on Wednesday, December 25, 08:35:31pm

Thursday July 17, 10:15 AM
Australia's ERG: Shares Fall On News
PERTH (Dow Jones)--ERG Group Ltd. (A.ERG) said Thursday that it hasn't been selected as preferred tenderer for the Transperth smart card ticketing system in its home city.

"Having recently being selected to supply systems in Seattle, Stockholm, Sydney and Washington D.C., which will contribute revenue in excess of A$500 million to ERG, it is very disappointing not to be selected for the contract in Perth," ERG's Asia-Pacific Managing Director Rob Noble said in a statement.

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ERG was one of three tenderers for the project in Perth, located in West Australia state.

Around 0200 GMT, shares in the Australian smart card company were down 10 cents, or 8.6%, at A$1.06.

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Replies:
Subject Author Date
ERG falls as it loses Transperth smart card tender The shares slid as much as 16 per centDelairco Bartrol/Wayfarer Transit Systems as preferred tenderer for the SmartRider contract, worth more than $30 million.preferred tender was more than 30 per cent lower than its closest competitor.ERG, one of three companies to tender for the project, has been named as the reserve tenderer for the project.Thursday, July 17, 01:35:50am


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