Timber company Foresty Enterprises Australia has requested an extension to the suspension of trading in its shares.
In a release to the ASX this afternoon, FEA requested an extension in the suspension until March 22.
In the release, the company stated that the continued suspension had been requested pending the solution of ongoing discussions with its financiers as well as the lodgment of its half-year report to December 31, 2009.
Share trading in FEA was first suspended in February after the company failed to renegotiate its $200 million financing facilities.
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