NZ's Kiwi Income Property put on trading halt

Tue Mar 31, 2009 3:47pm EDT
 
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WELLINGTON, April 1 (Reuters) - New Zealand property investment company Kiwi Income Property Trust Ltd (KIP.NZ) was placed on trading halt on Wednesday as it conducted a bookbuild for a share placement, the stock exchange said.

Shares in the company closed on Tuesday at NZ$0.96. So far this year the company has fallen around 6 percent.

 

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