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The initial investment of about $2 million will earn blackstone a 14.32 per cent stake in the exploration. Lisa simcock markets reporter lisa.simcock@themarketherald.com.au 07 march 2022 11:50 (aedt) managing director, tim harrison. Central petroleum limited (asx:ctp) (fra:c9j) (otcmkts:cnptf) refers to its asx announcement dated 25 may 2021 ('central sale underwrites significant investment in the amadeus basin') and announces that the transaction referred in the announcement has now become unconditional.
Insert A Description Of The Proposed Transaction, Defining It As The “Transaction” (Or Something Similar) Listing Rule 11.1.2 Empowers Asx To Require A Listed To Obtain The Approval Of [Company/Trust] Its [Shareholders/Unitholders] To A Significant Change To.
Listing rules 11.1 to 11.3 provide: 11.1 if an entity proposes to make a significant change, either directly or indirectly, to the nature or scale of its activities, it must provide full details to asx as soon as practicable. The new requirement for reverse takeovers to be approved by the bidder's shareholders is a significant change for affected transactions, although.
Proposed Change To Nature Or Scale Of Activities.
One year after beginning its project of simplifying, clarifying and enhancing the integrity and efficiency of the asx listing rules, asx has now. To include in section 2.9 a reminder that a listed entity will be expected: Serentech owns a rare earth separation.
Atu Atrum Coal's (Asx:atu) Elan Coal Project Still On Hold Amidst Alberta Govt Order;
Ionic rare earths (ixr) is in the final stages of the due diligence for the purchase of seren technologies. Asx announcement 23 february 2021. Asx can and does apply its discretions under listing rules 11.1.2 and 11.1.3 in other circumstances that do not involve a back door listing.3 one of the defining characteristics of a back door listing transaction is a significant change to the nature and/or scale of the activities of the listed entity facilitating the transaction.
Under Management (Aum) Supported By Strong Net Client Inflows, Material Loan Portfolio Growth, And Record 1H Corporate Advisory Revenue Underpinned The Record Result.
Asx notes that under former australian accounting standards an amount which is equal to or greater than 10% of the applicable base amount has generally been presumed. Significant premium to recent trading: Listing rules 11.1 to 11.3 to transactions that may result in a significant change to the nature or scale of a listed entity’s activities the main points it covers • the obligation of a listed entity to notify asx of a proposed significant change to the nature or scale of its activities under listing rules 11.1 and 11.1.1