Cloud channel company Rhipe Limited (ASX:RHP) has been granted a trading halt by the ASX pending the finalisation of a material contract.
The company was recently awarded to the Microsoft Platinum Partner Club, in the Australia, Singapore & Indonesia - SPLA category.
Rhipe was also added to the All Ordinaries Index in the March 2015 Quarterly Rebalance.
The halt will remain in place until the opening of trade on Tuesday 14th April 2015, or earlier if an announcement is made to the market.
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