Key points
- List of entities suspended for over 3 months
- Deadlines to lodge outstanding reports and resume trading
- Failure to meet deadlines may result in removal from ASX
Full summary
ASX has published a list of entities that have been suspended from trading for over 3 months. The announcement provides details on the name and ASX code of each entity, the periodic reports they have failed to lodge, the deadlines for lodging the oldest outstanding report (1 year deadline), and the deadline for the entity to execute plans to resume trading (2 year deadline). If an entity does not meet these deadlines, they will be removed from the ASX official list. ASX recommends that long-term suspended entities provide periodic updates to the market on their status and plans to resume trading. The announcement also explains ASX's removal policy for long-term suspended entities and notes that reinstatement is not automatic, with ASX needing to be satisfied that the reasons for suspension have been addressed and the entity complies with Listing Rules.