ASX Announces Long Term Suspended Entities
Key points
- Multiple entities have been suspended for over three months
- Each entity has specific deadlines for lodging outstanding reports
- Failure to meet deadlines may result in removal from ASX
Full summary
ASX has issued a market announcement detailing the suspension of securities for various entities that have failed to lodge periodic reports for more than three months. Each entity has a specified deadline to lodge the oldest outstanding report and a two-year deadline to execute plans for trading resumption. Failure to meet these deadlines may result in the entity being removed from the official list. ASX emphasizes that reinstatement is not automatic and requires compliance with Listing Rules.
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