TOLL ROADS – AUSTRALIA

Transurban signs $850m deal to widen CityLink

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Original article by Michael Roddan
The Australian – Page: 19 : 7-Oct-14

Scott Charlton, CEO of toll road operator Transurban, has announced a new deal worth $A850m with the Victorian Government. Traffic capacity will be lifted 30% via extra lanes on the Tullamarine Freeway portion of Transurban’s CityLink. There will be a moratorium on toll increases during the construction phase between October 2015 and the start of 2018, to be followed by a rise of 4.5% or the CPI

CORPORATES
TRANSURBAN GROUP LIMITED – ASX TCL, TRANSURBAN CITY LINK LIMITED, HILLS MOTORWAY GROUP LIMITED

Map out roadwork: Transurban

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Original article by Damon Kitney, Mitchell Neems
The Australian – Page: 23 : 6-Aug-14

Toll roads operator Transurban has announced a 2013-14 full-year net profit increase of 44.5% to $A252.2m. The 12-month distribution is $A0.35, and a forecast of $A0.39 for the 2014-15 payout has also been confirmed. On 5 August 2014 the stock closed 0.9% lower at $A7.58. CEO Scott Charlton said the company applauded pledges by the State Governments of New South Wales, Victoria and Queensland to improve their roads infrastructure, but it was also calling for more co-ordination that involved the Federal Government as well

CORPORATES
TRANSURBAN GROUP LIMITED – ASX TCL, TRANSURBAN CITY LINK LIMITED, WESTCONNEX, HILLS MOTORWAY GROUP LIMITED, QUEENSLAND MOTORWAYS LIMITED, UBS HOLDINGS PTY LTD, BANK OF AMERICA CORPORATION, MERRILL LYNCH (AUSTRALIA) PTY LTD, MACQUARIE EQUITIES LIMITED, MACQUARIE BANK LIMITED – ASX MBL