Ann: Consolidation/Split - SAS, page-66

and another

Dear XXXXXXXXXXXXXXX
Sky and Space Global Ltd (‘SAS’): Your Report of Misconduct
ASX refers to:
• your email of 14 August 2019 raising concerns about contacting SAS, disclosure by SAS regarding
expenditure, and SAS’s ongoing suspension;
• ASX’s letter dated 20 August 2019 responding to your email; and
• your email of 3 September 2019 criticising ASX’s policy on suspended entities and accusing ASX of
allowing SAS to raise capital whilst suspended and fail to appoint Australian-resident directors.
As a preliminary matter, while we understand that the situation is frustrating, ASX reserves the right not to
respond to aggressive and abusive correspondence. ASX’s actions with respect to monitoring and enforcing its
listing rules are at all times conducted in good faith and in accordance with its obligations under the
Corporations Act. If you continue to correspond with ASX in this manner then we will have no option but to
stop replying to you.
Also, and as I will explain below, a number of your grievances are not regulated by ASX or suggest that ASX
should do things which it does not have power to do. For the absolute avoidance of doubt, ASX can only
enforce its listing rules, and only enforce them in a manner permitted under those rules. The listing rules only
apply to listed entities (and not their directors) and only regulate specific matters which are generally
understood to be of particular importance to making securities available for trade on a public market. They are
not a ‘one-stop shop’ of rules relating to corporations or financial markets.