IPO boom tests ASX listing unit
The ASX has defended its listings compliance division against criticism it is being too interventionist in the IPO application process.
Jun 10, 2021 – 12.00am
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The strongest initial public offering market since 2008 is throwing up some stakeholder management challenges for the ASX as it works hard to defend market integrity and keep out companies deemed unsuitable for listing.
Almost 50 companies listed on the ASX in the first five months of the year and another 39 companies are in the ASX pipeline with proposed listing dates through to the middle of July, according to HLB Mann Judd partner Marcus Ohm.
<p><span>ASX announces that after 23 years of service, its Deputy Chief Executive Officer and Group Executive Business Development, Peter Hiom, has resigned and will leave the organisation on 1 July 2021.</span></p>