NRW Holdings Ltd Requests Trading Halt
Key points
- NRW Holdings Ltd requests trading halt pending announcement
- Considering implications of proposed South Australian government legislation
- Relates to security held by NRW subsidiary over Whyalla Ports assets
Full summary
NRW Holdings Ltd (ASX: NWH) has requested a trading halt in its ordinary shares, pending the release of an announcement. The company is considering the implications of the Whyalla Steel Works (Port of Whyalla) Amendment Bill 2025 proposed by the South Australian Government on 13 May 2025, as it relates to the security held by Golding Contractors Pty Ltd, a wholly owned NRW subsidiary, over the assets of Whyalla Ports Pty Ltd. NRW has requested the trading halt to last until the earlier of the company making an announcement to the market or the commencement of normal trading on Friday, 16 May 2025. NRW is not aware of any other reason why the trading halt should not be granted, or of any other relevant information available at this stage.
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