Corporate Travel Management Requests Trading Halt
Key points
- Company needs to make material correction to previous financial statements
- Final amount and affected years still being determined
- Trading halt requested until announcement or market open on 26 August 2025
Full summary
Corporate Travel Management Ltd (ASX: CTD) has requested an immediate trading halt on its securities on the Australian Securities Exchange (ASX). The company has become aware that a material correction will need to be made to certain aspects of its previous financial statements while preparing its consolidated 2025 full year results. The final amount of this correction and the years to which it applies are still being determined. CTD has requested the trading halt remain in place until the earlier of the time it makes the announcement to the market or the commencement of trading on 26 August 2025. The company is not aware of any other reason why the trading halt should not be granted and states it only became aware of the adjustment required this morning.
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