ASX Companies Update issued

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31 Aug 2011

The Australian Securities Exchange (ASX) has a new Companies Update, which includes discussion of recent Listing Rules amendments and requirements for Annual General Meetings (AGMs).

The Australian Securities Exchange (ASX) has issued Update 06/11, covering the following topics (among others):

  • Exposure draft of Listing Rules amendments - following an earlier consultation, a final Exposure Draft of amendments and timetables for accelerated pro rata rights issues and changes to terminology regarding issue of securities has been released and is available on ASX's website (comments close on 9 September 2011)
  • Annual General Meeting season - reminders about ASX review of draft notices of AGM (particularly allowing sufficient time for review where there are complex transactions or many resolutions) and how entities can comply new rules on the voting by chairpersons of undirected proxies in relation to resolutions on the remuneration report.

Click for ASX Update 06/11 (link to ASX website).

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