• Entities suspended for over 3 months listed
• Deadlines for lodging outstanding reports and resuming trading
• Entities may be removed 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 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 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 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 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 long-term suspended entities that reinstatement of securities to quotation is not granted automatically, 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.