ASX Announces Long Term Suspended Entities
Key points
- ASX announced long-term suspended entities
- Several companies listed with deadlines
- Failure to meet deadlines may lead to removal
Full summary
ASX has issued a market announcement regarding entities that have been suspended for more than three months. The announcement includes a list of entities, the periodic reports they have failed to lodge, and the deadlines for lodging these reports. If the entities do not meet these deadlines, they will be removed from the official list, typically effective from the open of trading on the first trading day after the deadline date. ASX recommends that these entities implement a system of periodic disclosures to keep the market updated.
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