Long Term Suspended Entities

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Stock Carly Holdings Ltd (CL8.ASX)
Release Time 9 Apr 2025, 4:18 p.m.
Price Sensitive Yes
 Long Term Suspended Entities
Key Points
  • List of entities suspended for more than 3 months
  • Deadlines for lodging outstanding reports and resuming trading
  • Entities will be removed if deadlines 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 outstanding periodic reports that each entity has failed to lodge, as well as the 1-year deadline for lodging the oldest outstanding report and the 2-year deadline for the entity to execute its plans for trading in its securities to resume, to ASX's satisfaction. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list, usually taking effect from the open of trading on the first trading day after the deadline date. ASX recommends that long-term suspended entities provide periodic (at least quarterly) disclosures to keep the market and security holders updated on their status and plans for resuming trading. ASX's removal policy for long-term suspended entities is explained in Listing Rules Guidance Note 33, and ASX may grant short extensions to the deadline dates in limited circumstances.