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ASX says company announcements blackout resolved

Carmeli Argana / Bloomberg
Carmeli Argana / Bloomberg • 1 min read
ASX says company announcements blackout resolved
ASX confirms all announcements processed as expected after Monday's outage.
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(Dec 2) : ASX Ltd. said all announcements are processing as expected on Tuesday, after a technical outage stopped company statements for hours on Monday, adding to a list of mishaps for the exchange.

All price-sensitive announcements lodged on Dec 1 have been successfully submitted and published, according to a the company’s Systems Status page Tuesday.

Issuers who submitted non-price sensitive announcements submitted between 8:49 a.m. and 11:22 a.m. on Dec 1 should confirm their announcements have been published, according to a note on the page.

The snafu is the latest in a string of technical issues that have put the exchange operator under regulatory scrutiny.

The financial regulator is conducting a probe on the firm’s governance and risk management practices, including for glitches arising from its aging clearing and settlement platform. ASX is expecting to take a hit of as much as A$35 million (US$22.9 million) in costs in the next fiscal year tied to the probe.

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