Key points
- List of entities suspended for more than 3 months
- Deadlines to lodge outstanding reports and resume trading
- Entities will be removed if deadlines are not met
Full summary
ASX has published a list of entities that have been suspended from trading for more than 3 months. The announcement provides details on the name and ASX code of each long-term suspended entity, the periodic reports they have failed to lodge, and the deadlines for them to lodge the outstanding reports and resume trading. If an entity does not meet the 1-year deadline for lodging the oldest outstanding report or the 2-year deadline to execute its plans for trading to resume, it will be removed from the official list. ASX recommends that long-term suspended entities provide periodic updates on their status and plans for resuming trading. The announcement also notes that reinstatement of securities is not automatic, and ASX must be satisfied that the reasons for the suspension have been addressed and the entity complies with the Listing Rules at the point of reinstatement.