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State Gas Limited (ASX:GAS)

ALERT: Price-sensitive ASX Announcement for GAS
Current share price for GAS : $0.011 -0.022 (-66.67%)+
Release
26 Mar 2026 9:59AM
Price at Release
$0.033
Full Release
download
Summary
The securities of State Gas Limited (ASX: GAS) have been suspended from quotation on the Australian Securities Exchange (ASX) as of 26 March 2026. This suspension is in accordance with ASX Listing Rule 17.2 and occurs at the request of State Gas Limited. The company cited the need for more time to complete negotiations regarding a significant asset sale involving its R&D pilot plant and to clarify the status of its R&D incentive claims related to this plant as the reason for the suspension. The company anticipates making an announcement concerning these matters before the suspension is lifted, which is requested to last until the market opens on 30 March 2026, unless an earlier announcement is made.
Key Points
  • State Gas Limited requests suspension from ASX.
  • Suspension is due to pending negotiations and R&D claim clarifications.
  • Suspension requested until 30 March 2026.
  • Announcement expected regarding asset sale and R&D update.
  • ASX Listing Rule 17.2 invoked for suspension.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.