The process to follow when an ASX announcement regarding a meeting of shareholders contains mistakes is as follows:
Identify the mistake. The first step is to identify the mistake in the announcement. This can be done by carefully reading the announcement and comparing it to the company's constitution or other relevant documents.
Assess the impact of the mistake. Once the mistake has been identified, it is important to assess the impact of the mistake. This will involve considering the following factors:The nature of the mistakeThe potential impact of the mistake on shareholdersThe likelihood that the mistake will be correctedTake corrective action.
If the mistake is significant or if it is likely to have a material impact on shareholders, the company should take corrective action. This may involve issuing a correction announcement, withdrawing the original announcement, or holding a new meeting of shareholders.
Notify shareholders. If the company takes corrective action, it is important to notify shareholders of the action that has been taken. This can be done by issuing a new announcement or by sending a letter to shareholders.
It is important to note that the ASX has strict rules about the accuracy of announcements. If a company fails to comply with these rules, it may be subject to penalties.
Here are some additional tips for avoiding mistakes in ASX announcements:Make sure that the announcement is accurate and complete.Have the announcement reviewed by a qualified professional before it is released
.Use clear and concise language.Avoid jargon and technical terms.Proof read the announcement carefully before it is released.
–-----------------
Its a legal document people not a HC post.
More wallpaper from the apologists. You people seem happy the SP is going South why ? If the Company SP was at 3 cents you would still be at the MCG pushing the barrow and waving the BoD flag....
Others just want proper Corporate Governance, nothing else just transparency.
(20min delay)