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WA Kaolin Limited (ASX:WAK)

ALERT: Price-sensitive ASX Announcement for WAK
Current share price for WAK : $0.006 -0.004 (-40%)+
Announcement
Release
27 May 2026 12:04PM
Price at Release
$0.010
Full Release
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Summary
On May 27, 2026, it was announced that the securities of WA Kaolin Limited (ASX: WAK) would be suspended from quotation under Listing Rule 17.3.1 due to the company's failure to maintain a sufficient number of directors as required by section 201A(2) of the Corporations Act 2001. Consequently, WA Kaolin was deemed by the ASX to lack the appropriate structure and operations for a listed entity under Listing Rule 12.5. The suspension will remain until the company complies with the Listing Rules and is deemed appropriate for its securities to be reinstated for quotation.
Key Points
  • WA Kaolin Limited securities suspended immediately under Listing Rule 17.3.1.
  • Insufficient directors to comply with section 201A(2) of the Corporations Act 2001.
  • ASX deemed the company structure and operations inappropriate for a listed entity under Listing Rule 12.5.
  • Suspension continues until compliance with Listing Rules and appropriate operations are achieved.
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.