Powerhouse Ventures in trading halt over reports of HydroWorks board resignations

Mon, 31 Jul 2017

By Paul McBeth July 31 (BusinessDesk) - Christchurch-based technology incubator Powerhouse Ventures has sought a trading halt of its ASX-listed shares after the National Business Review reported a mass resignation of directors at investee firm Hydroworks. The company sought the trading halt "pending an announcement in relation to investee company Hydroworks Ltd's media release to the New Zealand online publication the NBR" over the hydro-electricity turbine firm's "board composition and a notice apparently sent to HW shareholders to prop...

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