Quote - “In addition, the new version of GN 33 incorporates a new cause for removal of an entity from the Official List where the entity has failed to lodge any of the documents referred to in Listing Rule 17.5 (including annual, half-year and periodic reports) for a continuous period of one year after the deadline for lodgement of that document.
This addition is in support of the ASX’s view that, if an entity has failed to lodge the required documents for more than a year, then they may well be seeking to either conceal important financial information or are close to insolvency. In either case, the entity should not remain on the Official List.”
