ASX Announces Long-Term Suspended Entities
Key points
- Several entities have been suspended for over three months
- Entities have failed to lodge required periodic reports
- Entities have specific deadlines to lodge reports or face removal
Full summary
The ASX has issued a market announcement detailing the suspension of securities for multiple entities that have failed to lodge required periodic reports for more than three months. The announcement includes a table listing each entity's name, ASX code, outstanding periodic reports, one-year deadline for report submission, and two-year deadline for executing plans to resume trading. Failure to meet these deadlines will result in the entities being removed from the ASX official list. ASX advises that reinstatement is not automatic and depends on compliance with listing rules and addressing the reasons for suspension.
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