Immediate suspension for SIV Capital

SIV Capital (ASX:SIV) has been immediately suspended from trading on the Australian Securities Exchange. The suspension, announced on December 18, 2024, is due to the inadequacy of the company's operations, breaching Listing Rule 12.1. ASX Compliance has determined that SIV's operations do not justify continued quotation of its securities.

SIV Capital's path to reinstatement

The suspension of SIV Capital from the ASX highlights the company's operational challenges that have resulted in non-compliance with the exchange's listing standards. To reinstate its securities for trading, SIV must address the inadequacies in its operations and comply with Listing Rules 12.1 and 12.3. The duration of the suspension is indefinite, as it hinges on SIV's ability to satisfy ASX's conditions and restore its standing. ASX Compliance's action underscores the importance of meeting operational and regulatory obligations to maintain trading privileges.

ASX Compliance enforces suspension

The suspension will remain in place until SIV Capital Limited is compliant with all relevant Listing Rules, including 12.1 and 12.3, and it is appropriate for the securities to be reinstated to quotation.