1 March 2012
- NSX successfully adds 2 more companies from BSX
- More NSX listings from BSX in 1H 2012
- BSX on schedule to close at the end of 1H 2012
The National Stock Exchange of Australia (NSX), Australia’s second largest listing stock exchange, is pleased to announce that a further two companies have been successfully migrated from the Bendigo Stock Exchange (BSX) to NSX today.
The NSX today announced the addition of two companies to the NSX market. The migration occurred today, 1st March and represents a continuation of the winding down of the BSX market and the continued expansion of NSX as Australia’s second largest listing stock exchange. So far this year, 31 companies and funds have migrated from BSX to NSX and more are expected prior to the end of the financial year.
NSX acquired the BSX in 2005 where the BSX listed companies have remained until this year. Moving to the NSX provides the companies with a larger and more prominent market with more connected brokers and investors. Only a small number of companies have decided to delist.
BSX is scheduled to close at the end of H1 2012, which has enabled the creation of
SIM VSE, the SIM Venture Securities Exchange.
Emlyn Scott, CEO of the National Stock Exchange, said: “We are delighted that Mt Evelyn & Districts Financial Services and Kew East Financial Services have moved their listing to the National Stock Exchange of Australia. They are joining a growing list of companies realising the benefits and attractiveness of an NSX listing.”
Information on the migrated securities including prices, announcements and issuer profiles can now be found on the NSX website
www.nsxa.com.au
Securities that have migrated:
| Company | Code | Listing Date |
| Mt Evelyn & Districts Financial Services Limited | MEV | 1-Mar-12 |
| Kew East Financial Services Limited | KEW | 1-Mar-12 |
