ASX eyes de-listing changes

Market operator floats 3-year cut-off for suspended companies.

ASX (ASX) will automatically de-list companies whose shares have been suspended for at least three years under proposed new rules.

Currently more than 100 companies with suspended securities are listed on the Australian stock market.

70% of those have been suspended for a year or more, while a further "small number" have been on hold for up to a decade, the ASX said.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles