ASIC to reclassify five companies, two converting to public

The Australian Securities and Investments Commission (ASIC) will alter the registration details of five companies one month after the publication of its notice, converting two of them into public companies limited by shares. The decision, taken under subsection 164(3) of the Corporations Act 2001, is published in the ASIC Gazette No. A36/26 of Tuesday 8 September 2026, on page 75 of 75.

The change of company type takes effect one month after publication — around 8 October 2026 — unless a court or the Administrative Appeals Tribunal issues an order preventing it. ASIC gives notice that it will amend the register accordingly, with each company adopting a new name that reflects its new legal form.

Two conversions to public company

Two of the five companies will move from proprietary to public status, a step typically associated with capital-raising and broader governance obligations.

• APPLIED ROBOTICS PTY LTD (ACN 002 820 779) will change to a public company limited by shares, with the new name APPLIED ROBOTICS LIMITED.
• TABOR TECH PTY LTD (ACN 699 004 709) will change to a public company limited by shares, with the new name TABOR ELECTRONICS LIMITED.

Three conversions to proprietary company

The remaining three companies will move in the opposite direction, converting from public (limited) status to proprietary companies limited by shares.

• BODYMAPP LTD (ACN 160 626 086) will become BODYMAPP PTY LTD.
• HMA INTERNATIONAL LTD (ACN 615 451 502) will become HMA INTERNATIONAL PTY LTD.
• PRIME MORTGAGE GROUP LTD (ACN 007 364 114) will become PRIME MORTGAGE GROUP PTY LTD.

Legal basis and effect

The reclassification is made under subsection 164(3) of the Corporations Act 2001, which empowers ASIC to alter a company’s registration type when the company has resolved to change its structure. The notice is part of the gazette’s “Change of company type” section, alongside other corporate notices covering reinstatements and deregistrations.

For the two companies converting to public status, the change signals a shift towards a structure that can issue shares to the public and is subject to more demanding reporting and governance requirements. For the three converting to proprietary companies, the move typically reflects a return to a more restricted, privately held ownership model.

Why it matters

For investors, creditors and counterparties, the change of company type is a material corporate event: it alters the legal capacity, share structure and regulatory obligations of each entity. The one-month window before the alteration takes effect gives affected parties the opportunity to object through the courts or the Administrative Appeals Tribunal, and the new names will become the operative identifiers on the Australian register once the change is recorded.

Source: ASIC Gazette, No. A36/26, 8 September 2026, Change of company type, p. 75 (official reference: Corporations Act 2001, s.164(3)).