ASX Announces Long Term Suspended Entities
Key points
- Multiple entities have been suspended for over three months
- Specific reports and deadlines outlined for each entity
- Failure to meet deadlines may result in removal from the ASX official list
Full summary
ASX has issued a market announcement detailing the suspension of securities for several entities due to their failure to lodge periodic reports for more than three months. The announcement includes a comprehensive table listing each entity, the reports they have failed to lodge, the deadlines for lodging these reports, and the two-year deadline for executing plans to resume trading. If these deadlines are not met, the entities risk removal from the ASX official list. ASX emphasizes that reinstatement is not automatic and requires compliance with Listing Rules and satisfactory resolution of the reasons for suspension.
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