Auckland, 22 August 2024: Fletcher Building Limited (FBU) acknowledges that it is aware of media reports that Western Australian home builder, BGC, intends to file legal proceedings against its subsidiary, Iplex Pipelines Australia (Iplex AU), in relation to the Iplex Pro-Fit Pipes issues. Iplex AU has received separate notification of that intention from BGC, but has not yet received any formal proceedings.
FBU and Iplex AU have no further comment to make on this matter at this time.
#ENDS
Authorised by:
Haydn Wong
Company Secretary
For further information please contact:
MEDIA
Christian May
General Manager – Corporate Affairs
+64 21 305 398
[email protected]
INVESTORS AND ANALYSTS
Aleida White
Head of Investor Relations
+64 21 155 8837
[email protected]
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
The S&P/NZX 50 Index closed down 0.05% or 6.5 points.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details