Long Term Suspended Entities
| Stock | BOD Science Ltd (BOD.ASX) |
|---|---|
| Release Time | 9 Apr 2025, 4:18 p.m. |
| Price Sensitive | Yes |
ASX Announces Long Term Suspended Entities
- List of entities suspended for over 3 months
- Deadline dates for lodging outstanding reports
- 2-year deadline to resume trading or face removal
- ASX recommends periodic updates from suspended entities
ASX has released an announcement detailing a list of entities that have been suspended from trading for more than three months. The announcement provides information on the periodic reports that each entity has failed to lodge, 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 effective 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 ensure the market and security holders are provided with regular updates on the entity's status and plans for resuming trading. ASX's removal policy for long-term suspended entities is explained in Listing Rules Guidance Note 33, and in limited circumstances, ASX may grant a short extension to the deadline date.