FAR 2.97% 52.0¢ far limited

Ann: Suspension from Official Quotation, page-133

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  1. 4,719 Posts.
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    (muted) Greetings Mr H
    I don't think it would make any difference.

    (2019 Annual Financial Statement note)
    23. DEED OF CROSS GUARANTEE
    The wholly-owned entities detailed in Note 22 have entered into a deed of cross guarantee with FAR pursuant to ASIC Corporations (Wholly-owned Companies) Instrument 2016/785 and are relieved of the requirement to prepare and lodge an audited financial report.The effect of the deed of cross guarantee is that the Company guarantees to each creditor payment in full of any debt in the event of winding up of any of the controlled entities under certain provisions of the Corporations Act 2001.


 
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