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01208 MMG
RTNominal down1.120 -0.010 (-0.885%)
Others

01/11/2019 10:03

MMG (01208) to delist from Australian Securities Exchange

[ET Net News Agency, 1 November 2019] MMG Limited (01208) said the Australian
Securities Exchange (ASX) has agreed to MMG's request for MMG to be removed from the
official list of ASX.
MMG will maintain its primary listing on The Stock Exchange of Hong Kong Limited (HKEx).
MMG expects that the delisting will occur at the close of trade on 4 December 2019.
MMG's CHESS Depositary Interests (CDIs) will be suspended and cease to trade on ASX at the
close of trade on 2 December 2019 (being two business days before the delisting).
MMG is delisting from ASX having regard to the ongoing very low trading volume of CDIs.
The board of MMG believes that the financial, administrative and compliance obligations
and costs associated with maintaining MMG's ASX Foreign Exempt Listing are no longer
justified. (RC)

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