Watchdog slaps Leighton with $300k fine

THE Australian Securities and Investments Commission has ramped up its attack on companies not meeting their continuous disclosure obligations, with Leighton Holdings the latest company to find itself in the financial watchdog’s sights.

Watchdog slaps Leighton with $300k fine Watchdog slaps Leighton with $300k fine Watchdog slaps Leighton with $300k fine Watchdog slaps Leighton with $300k fine Watchdog slaps Leighton with $300k fine

Australia’s biggest construction company forked out $A300,000 after ASIC issued Leighton three infringement notices alleging the company hadn’t compiled with continuous disclosure provisions.

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