ANS : will we fold or fly?, page-7

First 7 Last

Share
Profile

Follow
tolate

11,871 Posts.

1098

01/02/21

08:48

Post #: 50593084
Share
Originally posted by Praetor: ↑

I think it’s yearly.

WHAT ARE THE REPORTING REQUIREMENTS OF AN UNLISTED PUBLIC COMPANY?

The financial reporting obligations of an unlisted public company depend on whether it is a company that is:
Not a disclosing entity or a company limited by guarantee– these public companies must prepare annual financial reports in accordance with chapter 2M of the Corporations Act 2001 (Cth). These reports must be audited, lodged with ASIC within four months of the financial year end, and, sent to members by the report due date or 21 days before the AGM (whichever is sooner).
Not a disclosing entity– these public companies are not required to comply with the same reporting requirements as the above if all conditions ofASIC Corporations (Wholly-owned Companies) Instrument 2016/785are met and the company is not a borrowing corporation, the guarantor of such a borrower, or, a financial services licensee. These companies must be a wholly owned entity and have undertaken a deed of cross guarantee with every company in the closed group.
Limited by guarantee– public companies limited by guarantee are required to prepare annual financial repost and a director’s report with specific disclosure as set out in section 300B of the Corporations Act 2001 (Cth). These reports must be prepared in accordance with Chapter 2M of the Corps Act and must be audited or reviewed.
Once a public company lists on disallowed, their reporting requirements may change.

Source: patricia.com.au

Expand

Sorrow to say yes they have a obligation thats all
But facts are they the BOD are in control without the ASX conditions its free sailing
Really lets see how good management are and how they respect their S H
DING is just having a great holiday......imo

Sad day for SDL and ANS....Bad management can cost S H heaps if make bad decisions....imo
ANS Price at posting: 1.7¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What each US election outcome would mean for Australian companies & investors

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?