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The New Zealand stock exchange has suspended trading in MFS Living and Leisure shares, after the company failed to provide its preliminary half year announcement.
MFS Living and Leisure is the tourism arm of cash-strapped Australian parent MFS Ltd.
Last Monday, stock exchange operator NZX warned MFS Living and Leisure that it would be suspended from trading in this country if it did not issue its half year report, which had been due on February 29, by last Friday.
Today NZX said MFS Living and Leisure had still not provided its report and trading in its shares would be suspended from the start of trading today.
- NZPA
