NewsBite

Landmark White extends share-trading suspension

Michael Bleby
Michael BlebyDeputy property editor

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Landmark White on Friday extended a two-day trading halt in its shares, saying a second suspension from work by a number of lenders, and a lack of clarity about when that work would resume, had left the troubled valuer unable to assess the impact on its revenue or profitability.

The company has taken an increasingly desperate tone in responding to the second incident in which it accuses a person with access to company information posting an as-yet-unknown number of internal documents on sharing site Scribd,  and the extension suggests lenders are unconvinced by its efforts to down play the incident, which follows  one in January.

Loading...
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Residential

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/residential/landmark-white-extends-share-trading-suspension-20190607-p51vgl