Long Term Suspended Entities

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Stock Regional Express Holdings Ltd (REX.ASX)
Release Time 9 Apr 2025, 4:18 p.m.
Price Sensitive Yes
 Long Term Suspended Entities on ASX
Key Points
  • List of entities suspended for more than 3 months
  • Deadline to lodge outstanding periodic reports
  • Deadline to execute plans for trading to resume
  • Entities may be removed if deadlines not met
Full Summary

ASX has released a market announcement detailing a list of entities that have been suspended from trading for more than 3 months. The announcement provides information on the outstanding periodic reports that each entity has failed to lodge, as well as the deadlines for lodging these reports and executing plans to 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 has stated that the removal will usually take effect from the open of trading on the first trading day after the deadline date. ASX recommends that long-term suspended entities implement a system of periodic (at least quarterly) disclosures to keep the market and security holders updated on their status and plans for trading to resume. ASX's removal policy for long-term suspended entities is explained in section 3.4 of ASX Listing Rules Guidance Note 33, and ASX may grant short extensions to the deadline date in limited circumstances.