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An announcement from NRW Holdings Limited ( (AU:NWH) ) is now available.
NRW Holdings Limited has requested a voluntary suspension of its securities from quotation on the ASX, following the South Australian Government’s appointment of administrators to Onesteel Manufacturing Pty Ltd, a contracting entity for NRW’s subsidiary, Golding Contractors. This suspension is needed to assess the implications on NRW’s operations and its half-year results, which were due for release. The company aims to update the market on the situation and the timing of its financial results by no later than the end of February 2025.
More about NRW Holdings Limited
NRW Holdings Limited is a leading provider of diversified contract services to the resources and infrastructure sectors across Australia, with additional offices in Canada and the United States. The company offers a wide range of services including civil construction, contract mining, and drill and blast services through its subsidiaries. NRW also provides a comprehensive OEM capability for earthmoving equipment and offers tailored mine to market solutions, specialist maintenance, and full turnkey design, construct, and operation of minerals processing and energy projects. It operates with a workforce of around 8,000 people, supporting over a hundred projects in various sectors.
YTD Price Performance: -11.40%
Average Trading Volume: 250
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €930.7M
For a thorough assessment of NWH stock, go to TipRanks’ Stock Analysis page.
