Kangaroo Island Plantation Timbers (ASX:KPT) enters voluntary suspension following bushfires

Company News

by Rachael Jones

Kangaroo Island Plantation Timbers (ASX:KPT) has entered a voluntary trading suspension as they await an assessment of the damage sustained from the bushfires.

The securities of Kangaroo Island Plantation Timbers will be suspended from quotation immediately.

Defence Force personnel have arrived on island which has seen a huge losses of property, wildlife and livestock.

Shares in Kangaroo Island Plantation Timbers (ASX:KPT) last traded at $1.96.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.