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TZ Limited close to concluding refinancing plan

TZ Limited close to concluding refinancing plan

Data centre access control technology developer TZ Limited (ASX:TZL) has been entered a trading halt while it concludes discussions over refinancing arrangements.

The company said it expects to have concluded the negotiations before the commencement of trading on Monday, and will make an announcement on the plans once talks are concluded.

TZ in March was lifted from a nine-month trading suspension, due to concerns over its cash position.

TZL shares are today trading 4.44% lower at $0.430.

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Tags trading haltsecuritycash flowTZ Limited

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