Small foreign controlled company pays $187,800 penalty for failing to lodge financial reports
Optix Australasia Pty Ltd, has paid $187,800 to comply with an infringement notice issued by ASIC. The infringement notice was issued because ASIC has reasonable grounds to believe that Optix, a small proprietary company and ultimately controlled by South African listed company, KAP Limited, failed to lodge its financial reports with ASIC for the year …
