Infraset

South Africa: Construction major s steel unit takes pain.
TendersInfo; 9/26/2009; 927 words; ...5%. Mining division Moolmans jumped in margin from 7,9% to 10,4%. Within the manufacturing division, Steeledale, Infraset, Duraset and Lennings Rail Services performed well, says Jardine, with revenue remaining stable. It was, however, Trident...

Despite regulator's best efforts, market abuse pays.(Business Report)
The Star (South Africa); 3/26/2009; 1343 words; ...mere R46 million has been handed out. Infraset was the penalised party, and the penalty...participants in the cartel. To date only Infraset has been fined; Rocla gets off scot...customers has approached either Rocla or Infraset to express outrage, or even mild concern...

Clients turn blind eye to culture of collusion built by construction firms.(Business Report)
The Star (South Africa); 3/26/2009; 1376 words; ...to a consent order, in terms of which Infraset, a wholly owned subsidiary of Aveng...million fine represented 8 percent of Infraset's turnover in 2008, even though the...that the commission could levy. Two Infraset executives have been suspended pending...

Aveng ousts 400 workers to deal with global crisis.(Business Report)
The Star (South Africa); 3/12/2009; 703 words; ...price-fixing, market allocation and collusive tendering by Infraset, the concrete pipes and culverts manufacturing unit Jardine...the commission, stressing that should another matter like Infraset arise, the company would handle it in a similarly decisive...

Chopper plan was fine in theory, until Tito tested it.(Business Report)
The Star (South Africa); 2/27/2009; 1220 words; ...Aveng agreed to pay a fine of R46.3 million after admitting to price-fixing, market allocation and collusive tendering by Infraset, its concrete pipes and culverts manufacturing unit. Earlier this month, the commission reported it had uncovered a cartel...