GemLife could be first to trial ASIC’s fast-track IPO process

The Australian Financial Review
06-10

GemLife, the retirement community developer planning on floating with a market capitalisation of nearly $1.6 billion, could be the first company to make use of a new fast-track listing process that the corporate regulator will trial in the hope of attracting more businesses onto the sharemarket.

The changes, announced on Tuesday, have been flagged as a modest start to attempts to restart a sluggish listings market.

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