Announcement: KPMG review
Fletcher Building is aware of speculation that it has commissioned KPMG to review projects in the company’s Construction division.
The company confirms that it has engaged KPMG to conduct a review of the two largest projects in its B+I business and the two largest projects in its Infrastructure business, to augment existing governance processes.
The company notes that it routinely uses a variety of external consultants across a range of disciplines within its businesses, including in the Construction division.
Fletcher Building remains in full compliance with its continuous disclosure obligations.