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An update from Winton Land Limited ( (AU:WTN) ) is now available.
Winton Land Limited and Kāinga Ora have reached an agreement to settle High Court proceedings initiated by Winton, which accused Kāinga Ora of anti-competitive conduct. The settlement involves no admission of fault by any party, and the proceedings will be discontinued without any cost implications. Details of the agreements remain confidential, and no further comments will be made by the parties involved.
More about Winton Land Limited
Winton is a residential land developer specializing in creating integrated and fully masterplanned neighborhoods. The company manages 12 masterplanned communities with a portfolio of 23 projects, aiming to deliver approximately 6,000 residential lots, dwellings, apartment units, retirement village units, and commercial lots. Winton was listed on the NZX and ASX in 2021.
Average Trading Volume: 492
Technical Sentiment Signal: Hold
Current Market Cap: A$546.5M
For detailed information about WTN stock, go to TipRanks’ Stock Analysis page.