• List of entities suspended for over 3 months
• Deadlines for lodging outstanding reports and resuming trading
• Entities may 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 three months. The announcement provides details on the outstanding periodic reports that each entity has failed to lodge, as well as the deadlines for lodging the oldest outstanding report (1 year deadline) and the deadline for the entity to execute its plans for trading in its securities to resume, to ASX's satisfaction (2 year deadline). If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list, with the removal usually taking effect 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. The announcement serves as a reminder that reinstatement of securities to quotation is not granted automatically, even if the suspension was at the entity's request, as 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.