Assignment Task: Go to the websites of Australian Stock Exchange (ASX) at www.asx.com.au and Australian Securities and Investment Commission (ASIC) at https://asic.gov.au/ to investigate about listing...

ASX
ASX
Corporate Finance
Student Name:
University Name:
Unit Name:
Date:
Contents
Answer 1    3
Answer 2    4
Answer 3    5
Answer 4    6
Answer 5    8
References    9
Answer 1
As a common regulation, if a firm is a public business offering securities for sale (such as debentures or shares) then a firm should provide a disclosure document to probable investors.
A disclosure document is a broad phrase used to explain all regulated fundraising documents for the problem of securities.
There are four kinds of disclosure document:
1. Prospectus
2. Profile Statement
3. Offer information statement
4. Profile statement
5. Two-part SCB prospectus
All industries authorized to raise funds can use the prospectus. Based on the kind of fundraising firm intend to make moreover whether firm meet the limitation imposed by the use of these documents, firm might be capable to use the offer data reports or brief description (ASX, 2016). Firm should use the two-part easy corporate bond prospectus to provide easy corporate bonds. In each disclosure document, the kind of data firm need to provide is unique in some respects.
Prospectuses
A prospectus is the general kind of public document as well as has the most extensive information needs. If a firm prospectus provides securities listed on the prescribed economic market, it might not want to include other required information, as much as of the data has been released to market as the part of the continuous disclosure obligation.
Offer information statements
The disclosure requirements for the offer information report are lower, however, it can only be used to raise a total of up to 10$ million in funds-that is, including some earlier fundraising under the offer data reports (Cassar, 2006). If firm need to use the offer data reports, firm should be capable to provide a copy of the reviewed economic statement with balance dates in the past six months.
Profile statements: The introduction statement is the document that lists restricted key data about the business moreover the offer. The company can use the configuration file statement approved by ASIC. There is presently no approved use of personal data statements.
Two-part simple corporate bonds prospectuses: According to the 2014 amendments to the “Corporate Amendment (SCB or Other Measures) Act”, a specific disclosure system is applied to the offer of “easy corporate bonds”, and the proposal should be made by the two-part easy corporate bond specification (Ezeogidi, 2020).
A two-part SCB prospectus consists of:
The basic prospectus, which is valid for three years, should include common information about issuer, which is unlikely to change during the three-year validity time of a document, and the specific offer prospectus for every offer should contain the detailed information of offer, or the data contained in a basic prospectus can be updated.
Answer 2
Firm must submit the disclosure document to ASIC before it uses to increase funds. Now, the disclosure document has been submitted to ASIC through the ASIC regulatory portal. On July 27, 2020, the ASIC regulatory portal replaced other submission channels and became the main method for ASIC to raise funds and corporate financial documents (Jog, Zhu and Dutta, 2010)....