Wednesday, October 1, 2008

ASX suspends 30 companies for breaches

THE Australian Securities Exchange has suspended 30 companies from trading following their failure to lodge full year statutory accounts for the period ending June 30, 2008.

Among those suspended are micro lender Amazing Loans, minerals companies Admiralty Resources and Western Desert Resources, Celtex, Nylex and Style.

Shell Villages and Resorts, Ezenet,  Kangaroo Metals and Citigold Corporation also failed to lodge their statutory accounts.

The suspension is in accordance with ASX listing rules.




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