Long Term Suspended Entities

• List of entities suspended for over 3 months
• Details on outstanding periodic reports and deadlines
• Entities must meet 1-year and 2-year deadlines or face removal

ASX has released a market announcement detailing the long-term suspended entities on the Australian Securities Exchange. The announcement provides the name and ASX code of each 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, they will be removed from the official list, usually effective from the open of trading on the first trading day after the deadline date. ASX notes that reinstatement of securities is not automatic, even if the suspension was at the entity's request, as ASX must be satisfied the reasons for the ongoing suspension have been addressed and the entity complies with the Listing Rules. The announcement also states that in limited circumstances, ASX may grant a short extension to the deadline date, but the table provided does not reflect any such extensions. Entities are advised to engage with their Listings Adviser about their plans to seek reinstatement.