Steadfast requests lifting of trading halt

Steadfast Group Limited (ASX:SDF) has requested the lifting of the trading halt following the recent ABC Four Corners' episode on 9 September 2024. The company believes that the ASX announcement made yesterday is sufficient and has already taken steps to improve its strata title remuneration transparency after the three Trowbridge reports. The Steadfast Board and management are committed to a competitive, transparent, and fair marketplace and will not tolerate inappropriate behaviors. They also plan to undertake a further review to identify and address inappropriate strata title insurance behaviors.

Steadfast's commitment to transparency and fair marketplace

Steadfast is committed to ensuring transparency and fairness in the marketplace. We have taken proactive steps to address concerns raised in the recent ABC Four Corners' episode and are dedicated to upholding the highest standards of conduct. Our Board and management are resolute in their commitment to identifying and rectifying any inappropriate behaviors in the strata title insurance sector. We believe that the actions we have taken and our ongoing review demonstrate our dedication to maintaining a competitive, transparent, and fair marketplace.

Steadfast's outlook and commitment

Steadfast Group Limited (ASX:SDF) has requested the lifting of the trading halt and expressed its commitment to transparency and fairness in the marketplace. The company has already implemented measures to improve strata title remuneration transparency following the Trowbridge reports and is determined to address any inappropriate behaviors in the strata title insurance sector. Steadfast's proactive approach and commitment to maintaining a competitive, transparent, and fair marketplace reflect its dedication to upholding the highest standards of conduct. The company's request to lift the trading halt indicates its confidence in the actions taken and its readiness to move forward.