TZ Limited's ASX suspension lifted after 9 months
- 29 March, 2010 14:58
Data centre access control technology developer TZ Limited (ASX:TZL) has been re-admitted to quotation on the ASX after a nine month absence.
The company was voluntarily delisted in late June last year after it launched an investigation into its actual cash reserves, warning that it likely differed from the amount reported.
But TZ Limited has completed the audit, and taken measures to improve its cash position.
TZ has also submitted accounts for the reporting periods it had missed while in suspension, another condition for the reinstatement of its securities to quotation.