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Centrex Limited Defers Financial Reporting Amid Administration

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The latest update is out from Centrex Limited ( (AU:CXM) ).

Centrex Limited, currently under voluntary administration, has announced a deferral of its financial reporting obligations. The company, along with its subsidiary Agriflex Pty Ltd, is utilizing relief provisions under ASIC regulations to delay financial reporting for up to 24 months. This deferral is part of the administration process managed by FTI Consulting, which aims to stabilize the company’s operations. During this period, Centrex’s securities remain suspended from trading, ensuring no uninformed trading occurs. The company has set up communication channels for shareholders to address any queries regarding the administration process.

More about Centrex Limited

Technical Sentiment Signal: Buy

Current Market Cap: A$14.75M

For an in-depth examination of CXM stock, go to TipRanks’ Stock Analysis page.

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