Completion of the Re-Mobilisation of Contractor

RNS Number : 8849Y

SKIL Ports & Logistics Limited

14 September 2015

 

14 September 2015

SKIL Ports & Logistics Limited

("SPL" or the "Company")

Completion of the Re-Mobilisation of Contractor

On 19 August 2015 SPL reported that re-mobilisation of the contractor's workforce had commenced and committed to providing a further update to the market once the re-mobilisation had been completed. The Company is, therefore, pleased to confirm today that the re-mobilisation of the workforce has now been completed.

Work on site is ongoing and it is expected that workers will move to a 24 hour shift pattern within the next six weeks. Reclamation works continue and it is anticipated that the piling gantry will be moved to the site within the next four weeks in order to start piling work.

Nikhil Gandhi, Executive Chairman of SPL said, "We are pleased to be progressing with work to build a modern port facility in Mumbai. We will continue to inform shareholders as we reach key milestones in the development of this project."

Enquiries:              

SPL                                           Nikhil Gandhi/Pavan Bakhshi/Jay Mehta
                                                 C/O Redleaf PR [phone]

Cenkos Securities plc              Stephen Keys/Mark Connelly
(Nomad and Broker)                 [phone]

Redleaf PR                               Charlie Geller/Harriet Lynch
(Financial PR)                           [phone]
                                                 [e-mail]

 

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