Fintech Chain Says Australian Bourse Agrees to Proposed Delisting

MT Newswires Live

06/06

Fintech Chain (ASX:FTC) said the Australian Securities Exchange (ASX) confirmed that it agreed to the firm's proposed delisting, according to a Friday Australian bourse filing.

The removal from the official list is subject to conditions, including the approval of a request for removal of the firm from the ASX official list by a special resolution of its security holders.

The removal of the firm from the official list must not take place any sooner than one month after the security holders' approval is obtained, the filing said. The company must also apply for its securities to be suspended from quotation at least two business days before its proposed removal date.

The company said that a notice of meeting seeking approval from security holders was dispatched on Wednesday.

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