Leighton Holdings Limited (ASX:LEI) has requested a trading halt until the start of trade 29th March, pending reviews of its key projects.
Leighton says the trading halt is necessary in order for it to make an announcement to the market in relation to any revisions to previous guidance figures and particularly relating to the Airport Link Project.
The request for a trading halt comes less than a fortnight after Leighton was hit with three penalties totalling $300,000 from the Australian Securities and Investments Commission (ASIC) for failing to meet disclosure laws last year.
Leighton posted a net profit of $345 million for the six months to December 31, 2011.
LEI Price at posting:
$23.75 Sentiment: None Disclosure: Held
