Capral Limited (ASX: CAA) is Australia's largest manufacturer and distributor of aluminium profiles, with the company poised to make announce a 'significant transaction' and a capital raising.
The company has been granted a trading halt, with its shares placed in pre-open.
Capral supplies to fabricators and distributors, focussing on the residential, commercial and industrial segments. The company recently outlined in a strategic plan the potential for “bolt on” acquisitions.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Tuesday 3rd September 2013.
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