Tuesday, 27 June 2017
Fundraising- recent developments
Date : 21 April 2017
Author/s : Jeff Mansfield, Lucienne Maxwell
Type : Focus Paper


Need to know:

In the second half of 2016, there were a number of key developments in the fundraising space:



These are summarised in ASIC’s recent report: Report 512: ASIC regulation of corporate finance: July to December 2016

In the 3 months to 31 December 2016, the ASX declined various requests for waiver of the ASX Listing Rules by companies seeking to extend the time for the issue of shares or other securities beyond the period 3 months after the date of shareholder approval required by ASX LR 7.3.2 and beyond the period 1 month after the date of shareholder approval required by ASX LR 10.13.3.

These are summarised in Listing and Waiver Application Declined by ASX 1 October 2016 - 31 December 2016.


To view full article click here

Latest Knowledge
Beyond the headlines – what does the appointment of administrators to SumoSalad entities really mean?
27 June 2017
On 13 June 2017 the Australian Financial Review published an article titled “SumoSalad uses Insolvency Laws to fight Scentre’s Westfield”.