ASX:SXEConstruction
Will Heyday’s WestConnex Arbitration Loss Reframe Southern Cross Electrical Engineering’s (ASX:SXE) Risk Management Narrative?
Southern Cross Electrical Engineering’s subsidiary Heyday recently lost an arbitration case against the CPB Dragados Samsung Joint Venture over additional cost claims on Sydney’s WestConnex M5 tunnel project.
This setback has raised questions about the group’s project risk management, even as analysts continue to highlight its robust order pipeline and sector tailwinds.
We’ll now explore how this arbitration loss and its risk-management lessons may influence Southern Cross Electrical...