Leighton to pay ASIC fine

Company News


Leighton Holdings Limited (ASX:LEI) says it has accepted three infringement notices issued by the Australian Securities and Investments Commission (ASIC) for not disclosing earning losses to the market last year.

The construction company has been ordered to pay penalties of $300,000.

Leighton’s chief says they will be implementing an independent review of their systems.

Leighton posted a net profit of $345 million for the six months to December 31, 2011.


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