Austal halts trading shares
The securities of Austal Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company, Austal said on Thursday in its market release.
Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 4 July 2016 or when the announcement is released to the market.
About Austal
Henderson-headquartered Austal was founded in 1988 and is today a world leader in the design and construction of customized aluminum defense and commercial vessels. With shipyards in Western Australia, the United States of America (Mobile, Alabama) and Balamban, Philippines, Austal has delivered more than 220 vessels for customers around the world. Austal’s product range includes passenger and vehicle-passenger ferries, patrol boats, theatre support vessels, combat ships, multi-role vessels and luxury private live-aboards. Austal is also an established provider of worldwide vessel maintenance and management services.