Latest Asx Suspensions News

Loyal Lithium Limited remains suspended from ASX trading after missing its deadline to disclose details of a proposed acquisition and respond to a price query, raising fresh questions about the company’s compliance and strategic direction.

Credit Intelligence Ltd has announced a conditional agreement to sell its loss-making subsidiary Credit Intelligence Holding Limited for AUD 1.5 million, pending shareholder approval and regulatory clearances.

ASX has suspended trading of Magnum Mining’s MGUN securities following the abrupt cancellation of its entitlement offer, raising questions about the company’s capital strategy.

Inoviq Ltd’s shares have been suspended from trading on the ASX following a price query response, with the suspension to remain until the company meets listing rule requirements.

Wellnex Life Limited’s shares have been suspended from trading on the ASX pending a response to regulatory queries, stirring investor uncertainty.

Janus Electric Holdings Limited will have its trading suspension lifted and resume quotation on the ASX from 21 May 2025 after meeting key listing requirements.

Sunstone Metals Ltd has had its trading suspension lifted following a Federal Court decision and the release of a cleansing prospectus, signaling a fresh chapter for the mining company on the ASX.

Bryah Resources has requested an immediate suspension of its shares on the ASX as it prepares to announce a significant acquisition. The suspension follows a recent trading halt and is expected to last until the announcement or the resumption of trading on May 21.

Dropsuite Limited’s shares are suspended from ASX trading following Federal Court approval of its acquisition by NinjaOne Australia, marking a pivotal step in the company’s transition.

The Federal Court of Australia has approved the scheme of arrangement for NinjaOne’s acquisition of Dropsuite, setting the stage for a $5.90 per share cash payout to shareholders and imminent suspension of trading on the ASX.

Propell Holdings Limited has requested an immediate suspension of its securities from ASX trading as it prepares for removal from the official list. This move marks a significant shift for the company and its shareholders.

Quickstep Holdings Limited has completed its acquisition by ASDAM Operations Pty Ltd through a scheme of arrangement, resulting in a full board resignation and immediate delisting from the ASX. Shareholders received $0.575 per share as part of the transaction.