Fletcher Building shares in trading halt pending WA govt edict
State government expected to announce whether to accept a joint industry response to Iplex pipe issue.
Fletcher Building subsidiary Iplex is under fire over bursting pipes.
Fletcher Building has requested a halt in the trading of its NZX and ASX-listed shares pending an announcement from the government of Western Australia on its response to complaints received about the company’s Iplex Pro-fit pipe product.
NZX regulator NZ RegCo has approved the halt application
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