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Southern Cross Electrical Engineering (ASX: $SXE) requests trading halt for material project award

SXE requests trading halt for material project award


Southern Cross Electrical Engineering Ltd (ASX: $SXE) has requested an immediate trading halt for its securities. The trading halt is requested pending the announcement of a material project award. The company has stated that the trading halt will remain in place until the earlier of the time the company makes an announcement in relation to the award or the commencement of trading on Monday 6 May 2024.

Company's Request for Trading Halt


The Company Secretary, Colin Harper, has formally requested a trading halt in relation to the pending announcement of a material project award. The company is committed to keeping the market informed and believes that the trading halt is necessary until the announcement is made or trading resumes on Monday 6 May 2024.

Summary of Trading Halt Request


Southern Cross Electrical Engineering Ltd (ASX: $SXE) has requested a trading halt pending the announcement of a material project award. The company aims to ensure that the market is informed about this significant development and has indicated that the trading halt will be lifted upon the announcement or at the commencement of trading on Monday 6 May 2024. This request reflects the company's commitment to transparent communication with its stakeholders regarding important business updates.

SOUTHERN CROSS ELECTRICAL ENGINEERING LTD
SXE | ASX | Industrials
1.7550.07(+4.15%)
At close 05/07 (AEDT)
Market cap
$443.5M
Volume
1,318,155
DY Yield
2.85
PE Ratio
23.37
52 Week Range
0.63 - 1.825
1YR Return
114.024%

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