Mining and civil contractor NRW Holdings has put its shares in a trading halt ahead of learning Supreme Court judgments over a disputed Roy Hill contract.
NRW said in an announcement after the market closed this afternoon it had been advised the court would make two decisions related to its payment row with head contractor Samsung C&T.
The two companies have been at loggerheads over payment for rail earthworks at the Pilbara iron ore project valued by the original contract at $620 million.
In the two cases before the court, NRW has sought $26 million from Samsung awarded by a contracting adjudicator.
Samsung has disputed the amounts.
NRW’s shares closed the day up 0.1 cents to 9.2 cents.
Mining and civil contractor NRW Holdings has put its shares in a...
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$3.68 |
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0.050(1.38%) |
Mkt cap ! $1.682B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.70 | $3.66 | $4.277M | 1.163M |
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| No. | Vol. | Price($) |
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| 1 | 2275 | $3.68 |
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| Price($) | Vol. | No. |
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