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Why Is MCS Services Selling Highways Traffic Assets to Altus for $1.4M?
7:01am on Wednesday 26th of November, 2025 AEDT
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Industrial Services
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Why Is MCS Services Selling Highways Traffic Assets to Altus for $1.4M?
7:01am on Wednesday 26th of November, 2025 AEDT
Key Points
Sale of Highways Traffic assets to Altus for $1.4 million
Includes vehicle fleet, intellectual property, and key client contracts
Altus to offer employment to all Highways Traffic staff
Settlement expected in late January 2026 after shareholder approval
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