|Macmahon stall on offer|
|THE WEST AUSTRALIAN|
|Saturday, 12 January 2013 09:45|
Macmahon Holdings has told Singapore contractor Sembawang Engineers and Constructors it cannot respond to a proposed bid for its construction business by a deadline this afternoon.
On Friday, Sembawang sent a more detailed proposal to Macmahon to buy the division for $38 million, subject to due diligence, and sought a response by 5pm today.
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