The proposed changes to the ASX Listing Rules – which will come into effect on 1 December 2019 – are numerous. These include changes to rules affecting acquisitions/disposals, reporting requirements, shareholder meetings and, significantly, the granting of a new power to ASX to issue public censures for breaches of the Rules.
G+T has compiled this guide to assist you in breaking down the changes that will most affect your business. It is a very high level summary as a large proportion of the changes are either highly technical or in the nature of “tidy ups” to the rules to remove ambiguities and inconsistencies.
Our COVID-19 hub collates important articles and legal advice on various aspects of COVID-19 on how it may impact your business.