Author

Kate Jefferson

Browsing

The Australian Securities Exchange (ASX) has amended its Listing Rules to implement changes to its admission requirements which took effect from 19 December 2016. Key changes are: increasing the requirement for profit test entities to have consolidated profits for the 12 months prior to admission from A$400,000 to A$500,000 amending the requirements to satisfy the assets test by increasing: the net tangible assets (NTA) requirement from A$3 million to A$4 million; or the market capitalisation…