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Why Fintech Chain Is Voluntarily Leaving the ASX to Chase Growth Abroad
8:19am on Friday 23rd of May, 2025 AEST
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Financial Services
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Why Fintech Chain Is Voluntarily Leaving the ASX to Chase Growth Abroad
8:19am on Friday 23rd of May, 2025 AEST
Key Points
Voluntary delisting proposal subject to shareholder approval
Low ASX trading price and liquidity cited as key concerns
High annual listing costs and limited capital raising options
Post-delisting trading to shift to off-market private transactions under Hong Kong law
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