Latest Asx Delisting News

EDU Holdings Limited reported a remarkable turnaround in FY24 with record revenue and profit, yet faces ongoing regulatory headwinds prompting a proposed ASX delisting. The company’s strategic pivot focuses on domestic growth and operational agility.

EDU Holdings Limited plans to voluntarily delist from the ASX, citing low share liquidity and regulatory uncertainty in the international student market. The company proposes a substantial buy-back offer to provide shareholders with an exit opportunity ahead of delisting.

A significant shareholder has lodged an application with the Takeovers Panel challenging Pact Group Holdings’ proposed delisting from the ASX, alleging misleading reasons and coercion of minority investors.

An application to the Takeovers Panel challenges Pact Group Holdings’ planned ASX delisting, citing concerns over shareholder disadvantage and selective disclosure.

Macarthur Minerals is voluntarily delisting from the TSX Venture Exchange and OTC Market to focus on its Australian Stock Exchange listing, aiming to streamline operations and better serve its predominantly Australian investor base.

Propell Holdings Limited has requested an immediate suspension of its securities from ASX trading as it prepares for removal from the official list. This move marks a significant shift for the company and its shareholders.

Northern Star Resources has completed its acquisition of De Grey Mining through a scheme of arrangement, issuing new shares to De Grey shareholders and initiating De Grey’s imminent ASX delisting.

Northern Star Resources has completed its acquisition of De Grey Mining, issuing new shares and preparing to delist De Grey from the ASX, marking a strategic expansion into Western Australia's Hemi gold project.

Quickstep Holdings Limited has completed its acquisition by ASDAM Operations Pty Ltd through a scheme of arrangement, resulting in a full board resignation and immediate delisting from the ASX. Shareholders received $0.575 per share as part of the transaction.

Rare Foods Australia has secured shareholder approval to voluntarily delist from the ASX, while implementing significant cost reductions and achieving record growth in its Subsea Estate wine brand.

Propell Holdings reports Q3 FY25 cash outflows alongside a strategic shift with a new ‘Low Doc’ credit model and confirms its upcoming ASX delisting.

Pact Group Holdings has announced its intention to voluntarily delist from the ASX, citing a concentrated shareholder base, low liquidity, and high regulatory costs. Shareholder approval will be sought at an extraordinary general meeting in June 2025.