Memorandum
To: Market Participants
From: NZX Product Operations
Date: Wednesday, 11 December 2024
Subject: Channel Infrastructure NZ Limited (“CHI”) – Trading Halt of Securities
Message:
NZ RegCo advises that, at the request of the Channel Infrastructure NZ Limited (“CHI”), it has placed a trading halt on CHI ordinary shares, and CHI020 and CHI030 debt securities. The trading halt was applied at pre-market open today, Wednesday, 11 December 2024.
Attached is the trading halt application, for further information.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details