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Infomedia Limited (ASX:IFM)

ALERT: Price-sensitive ASX Announcement for IFM
Current share price for IFM : $1.695 0 (0%)+
Announcement
Release
21 Nov 2025 7:10PM
Price at Release
$1.695
Full Release
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Summary
On 21 November 2025, the Australian Securities Exchange (ASX) announced that the securities of Infomedia Ltd (ASX: IFM) would be suspended from quotation. This decision was made following the lodgement of orders from the Supreme Court of New South Wales with the Australian Securities and Investments Commission (ASIC), which approved a scheme of arrangement. Under this scheme, McQueen BidCo Pty Ltd, an entity owned by an investment holding entity in Singapore and managed by TPG Capital (S) Pte. Ltd., will acquire all of the issued shares in Infomedia Ltd. The suspension from quotation was executed in accordance with ASX Listing Rule 17.2 and took effect at the close of trading on the same day.
Key Points
  • Infomedia Ltd's securities suspended from quotation.
  • Suspension due to a scheme of arrangement approved by the court.
  • McQueen BidCo Pty Ltd to acquire all issued shares of Infomedia Ltd.
  • ASX Listing Rule 17.2 cited for suspension.
  • Transaction involves an entity managed by TPG Capital (S) Pte. Ltd.
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.