Oz Brewing suspends trading

Boutique brewing company Oz Brewing Ltd has suspended trading of its shares indefinitely pending the release of an announcement relating to its acquisition of assets from Shedco Group Pty Ltd.

The company was due to come out of a trading halt today however suspected its shares from official quotation.

Earlier this year the company announced plans to acquire 80 per cent of shed and portable accommodation manufacturer Portable Buildings Solutions Ltd, which in turn Shedco and Eco Transportable Pty Ltd.

At a recent shareholder meeting, Oz Brewing shareholders voted in favour of acquiring shares in Portable Building Solutions and a name change.

Calls to Oz Brewing managing director Trevor Pugh were not returned at time of publishing.