NZ's Nuplex put on trading halt

Thu Apr 23, 2009 11:25pm BST
 
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WELLINGTON, April 24 (Reuters) - New Zealand resins company Nuplex Industries Ltd (NPX.NZ) was placed on trading halt on Friday at its own request, the stock exchange said.

Shares in the company last traded at NZ$0.33.

The company has been involved in an issue of new shares to raise capital to shore up its balance sheet and meet lenders' conditions over debt ratios.

 

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