Which of the Following Requirements Does NOT Apply to a Company

question 8

Multiple Choice

Which of the following requirements does NOT apply to a company seeking a public listing on the ASX?

• A) The entity must satisfy either the profit test or the net tangible assets test.
• B) The company must have at least 500 holders of a parcel of main class securities valued at least $2000.
• C) The company must lodge a prospectus with the ASX on an annual basis.
• D) The company must have a structure and operation appropriate for a listed entity.

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Definitions:

Produces Antibodies

A function primarily associated with B lymphocytes, producing proteins that help neutralize pathogens.

Bacterial Infection

The invasion and multiplication of bacteria in body tissues, which can cause illness and disease.

Leukemia

A form of cancer targeting the blood and bone marrow, marked by excessive production of irregular white blood cells.

Fungal Infections

Infections caused by pathogenic fungi that can affect the skin, nails, body hair, internal organs, or mucous membranes.