• Entities suspended for over 3 months must meet deadlines to lodge outstanding reports
• Failure to meet 1-year or 2-year deadlines will result in removal from the official list
• ASX recommends periodic updates from suspended entities on plans to resume trading

The ASX has announced the suspension of several entities that have been suspended from trading for more than three months. The announcement provides details on the name and ASX code of each suspended entity, the periodic reports they have failed to lodge, and the deadlines they have been given to address the issues. Entities have been given a 1-year deadline to lodge their oldest outstanding periodic report, and a 2-year deadline to execute their plans for trading in their securities to resume, to ASX's satisfaction. If an entity does not meet these 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. The 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 their status and plans to resume trading. The ASX's removal policy for long-term suspended entities is explained in detail, and the ASX reminds entities that reinstatement of securities to quotation is not granted automatically, even if the suspension was at the entity's request.