Fonterra Shareholders' Fund (FSF) has submitted a formal application for its removal from the official list of the Australian Securities Exchange (ASX).
If approved, FSF's units will no longer be quoted on the ASX and will be solely quoted on the NZX Main Board.
The manager of FSF, FSF Management Company, has received in-principle advice from ASX indicating that it will agree to the request for removal, pending the satisfaction of certain conditions.
FSF intends to meet these conditions before its removal from the ASX.
See more