• List of entities suspended for more than 3 months
• Details on outstanding periodic reports and deadlines to resume 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 3 months. The announcement provides details on the outstanding periodic reports that each entity has failed to lodge, as well as the 1-year deadline to lodge the oldest outstanding report and the 2-year deadline to execute plans to resume trading 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. ASX recommends that long-term suspended entities implement a system of periodic disclosures to provide the market and security holders with regular updates on their status and plans to resume 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 granted automatically, and ASX must be satisfied that the reasons for the ongoing suspension have been addressed and that the entity complies with the Listing Rules at the point of reinstatement.