Long Term Suspended Entities
| Stock | BOD Science Ltd (BOD.ASX) |
|---|---|
| Release Time | 22 Jan 2025, 4:20 p.m. |
| Price Sensitive | Yes |
Long Term Suspended Entities
- List of entities suspended for more than 3 months
- Details on outstanding periodic reports
- 1-year and 2-year deadlines to address suspensions
- Entities may be removed if deadlines not met
ASX has published a list of entities that have had their securities suspended for more than three months. The announcement provides details on the periodic reports that each entity has failed to lodge, the 1-year deadline for lodging the oldest outstanding report, and the 2-year deadline for the entity to execute plans to resume trading to ASX's satisfaction. If an entity does not meet these deadlines, it will be removed from the official list, usually taking effect from the open of trading on the first trading day after the deadline date. ASX recommends that long-term suspended entities provide periodic (at least quarterly) disclosures to keep the market and security holders updated on their status and plans for resuming trading. The announcement also notes that reinstatement is not automatic, and ASX must be satisfied that the reasons for the suspension have been addressed and the entity complies with the Listing Rules at the point of reinstatement.