Long Term Suspended Entities
| Stock | LKO.ASX (LKO.ASX) |
|---|---|
| Release Time | 9 Apr 2025, 4:18 p.m. |
| Price Sensitive | Yes |
ASX Announces Long Term Suspended Entities
- List of entities suspended for more than 3 months
- Deadlines for lodging outstanding reports and resuming trading
- Entities will be removed if deadlines are not met
ASX has released an announcement regarding entities that have been suspended from trading for more than 3 months. The announcement includes a table listing the name and ASX code of each long-term suspended entity, the periodic reports they have failed to lodge, and the deadlines for lodging the oldest outstanding report (1 year deadline) and executing plans to resume trading (2 year deadline). If an entity does not meet these deadlines, it will be removed from the official list, usually effective from the first trading day after the deadline. ASX recommends that long-term suspended entities provide periodic updates to the market and their security holders 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.