Long Term Suspended Entities

• List of entities suspended for more than 3 months
• Deadlines for lodging outstanding periodic reports and resuming trading
• Entities to be removed from official list if deadlines not met

ASX has announced a list of entities that have been suspended from trading for more than 3 months. The announcement includes 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 resuming trading to ASX's satisfaction (2 year deadline). 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. 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 in limited circumstances, ASX may grant a short extension to the deadline date. ASX reminds entities that reinstatement of securities to quotation is not automatic, and ASX must be satisfied that the reasons for the ongoing suspension have been addressed and the entity complies with the Listing Rules at the point of reinstatement.