HLG Contracting

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Change of Shareholder in HLG 30 November 2016

Change of Shareholder in HLG

Habtoor Leighton Group LLC (“HLG”) announces the completion of the transfer of HLG shares from one of its shareholders (Al Habtoor Holding LLC) to another shareholder (Riad Al Sadik).

CIMIC Group’s shareholding in HLG is unchanged at 45 per cent.

The HLG CEO and Managing Director said: “Over more than 40 years HLG has built a strong and loyal client base, founded on the quality of our 21,000 people and our history of delivering exceptional results for clients. 

“With the recent ownership restructure now completed, HLG is well positioned to continue its excellent track record in the region for its many respected and successful clients.”

HLG confirms the change of its name from Al Habtoor Leighton LLC to HLG Contracting LLC.