middle.news
Why Did SCEE’s Heyday Lose a $22m Arbitration Claim Over WestConnex?
1:10am on Sunday 21st of December, 2025 AEDT
•
Construction
Read Story
Why Did SCEE’s Heyday Lose a $22m Arbitration Claim Over WestConnex?
1:10am on Sunday 21st of December, 2025 AEDT
Key Points
Heyday’s $22m claim dismissed due to contract time-bar provisions
$19m contract asset to be written off, no cash impact
$15m repayment to CPB Dragados Samsung JV required, impacting cash and profit
FY26 EBITDA guidance slashed from $65-$68m to $21-$24m
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
SXE
OPEN ARTICLE