ASC Services

Listing Services

We are active in capital raising activities, and currently have on our book mandates in excess of $200 million. Listing your company on the stock market is a major planning decision. ASC is licensed and qualified to assist you to make this decision and to bring your plan to fruition.

ASC will discuss with you the entire process of listing the shares of your company, and the choice of an appropriate stock exchange for your company’s proposed listing (or dual listing) in Australia and in selected overseas countries, including Hong Kong, Singapore, Canada and the USA.

What does it take to list on the Australian Stock Exchange (ASX)?

The requirements for listing are:

• Sufficient Number of Shareholders

500 shareholders each holding at least A$2,000 value of shares or

400 shareholders each holding at least A$2,000 value of shares if unrelated parties hold more than 25% of the total number of shares.

• Satisfactory Operational Requirements
• AUD$2.0 million in net tangible assets (including amounts raised under the IPO); or
• A market capitalisation of at least AUD$10.0 million (post-IPO); or
• Net profit after tax of AUD$1.0 million (in aggregate) over the last 3 years, and AUD$0.4 million over the last 12 months and your organisation is still profitable.

We may also arrange for your company to achieve full listing status through backdoor listing.

There will be other matters involved with listing, please contact ASC to discuss further.