Brisconnections Unit Trusts
Stock Code
Stock Exchange
Brisconnections Unit Trusts (BCS) designs, construct, operates, maintains and finances large infrastructure projects. The company has recently won the contract to develop Airport Link toll road, which is tipped to be Australia’s largest infrastructure project.
It is a single purpose entity and has the support of its original sponsors Macquarie Capital Group Ltd., Thiess Pty Ltd., and John Holland Group. It was listed on the Australian Stock Market (ASX) on 31 July, 2008.
Brisbane's $4.8 billion Airport Link toll road operator, BrisConnections (ASX:BCS) has been put into voluntary administration.
- BrisConnections board elected the company to go into voluntary administration.
- The company has appointed the McGrath Nicol Partnership as voluntary administrators.
Study the dividend history for BRISCONNECTIONS UNIT TRUSTS. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.
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