NRW Holdings Ltd (ASX:NWH) has been growing revenue from its civil and mining activities, and the company has now outlined that it is poised to make an acquisition.
The ASX has granted the company a trading halt to prepare.
In its most recent financials for the 6-months ending December 2016, the company delivered revenue of $176.6 million, an increase of 17.6% on the previous corresponding period.
The halt will remain in place until the opening of trade on Wednesday 16th August 2017, or earlier if an announcement is made to the market.