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Victor Group Holdings Limited (ASX:VIG)

ALERT: Price-sensitive ASX Announcement for VIG
Current share price for VIG : $0.041 -0.041 (-50%)+
Announcement
Release
30 May 2025 7:05PM
Price at Release
$0.082
Full Release
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Summary
Victor Group Holdings Limited (VIG) has announced the suspension of its securities from official quotation on the Australian Securities Exchange (ASX), effective from the commencement of trading on 21 June 2024. This suspension follows the company's continued non-compliance with Listing Rule 12.2, which requires entities to demonstrate sufficient working capital to carry out their stated business objectives. Despite the company's attempts to address these concerns, the ASX was not satisfied with the evidence provided. The suspension will continue until the company is able to demonstrate compliance with the ASX Listing Rules to the satisfaction of the exchange.
Key Points
  • Victor Group Holdings Limited (VIG) securities suspended from official quotation on ASX from 21 June 2024.
  • Suspension due to continued non-compliance with Listing Rule 12.2 (sufficient working capital).
  • VIG has been unable to provide evidence of sufficient working capital as required by the ASX.
  • The company has made representations to ASX but failed to satisfy the exchange's requirements.
  • Suspension will remain until VIG demonstrates compliance with ASX Listing Rules.
  • Suspension was announced by the ASX, not by the company itself.
  • Investors are advised to refer to further company announcements for updates on the suspension status.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.