SKS Technologies’ Jinks family has sold 10 million shares in an on-market crossing, but will retain about 21% of the company and says no further sales are planned for the foreseeable future. The company also reaffirmed FY27 expectations of approximately $500 million in revenue and $60 million in PBT.
SKS Technologies has secured another $38 million of electrical infrastructure and fit-out work at Built’s MEL2 data centre in Melbourne, taking the project’s total value to $66 million. The award lifts SKS’s current work on hand to $270 million, although the announcement does not disclose margins or delivery timing.