If ASX suspects that a listed entity has committed a significant contravention of the Listing Rules, or that a listed entity or other person (such as a director, secretary or other officer of a listed entity) has committed a significant contravention of the Corporations Act, it is required under that Act20 to give a notice to the Australian Securities and Investments Commission (ASIC) with details of the contravention. The purpose of the notice is so that ASIC can then consider whether it wishes to take criminal or other regulatory action in relation to the breach.
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
