Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:
|Last 20 companies delisted from ASX|
|SEARCH PARTY GROUP LTD (SP1)||09 Jan 18||we understand the company delisted because it could not yet determine its economic viability, compliance and other costs of the listing outweighed the benefits and it believed it was better able to raise capital and restructure, the company previously agreed to buy-back unmarketable parcels of shares at $0.001 per share|
|APHRODITE GOLD LIMITED (AQQ)||08 Jan 18||we understand AQQ merged with Spitfire Materials Limited with AQQ shareholders receiving 1 New Spitfire Share for every 2.8959 Aphrodite Shares and option holders 1 Spitfire Option for every 2.8959 Aphrodite Options.|
|PIXIE GROUP LIMITED (PEG)||18 Dec 17||we understand ASX delisted the company because it no longer had a level of operations and its financial state was no longer adequate to warrant a listing, its failure to lodge acceptable financial statements and provide satisfactory answers to ASX queries|
|ADG GLOBAL SUPPLY LIMITED. (ADQ)||11 Dec 17||we understand the company has been delisted because of failure to have its securities quoted for more than three years|
|PEPPER GROUP LIMITED (PEP)||05 Dec 17||we understand Red Hot Australia Bidco Pty Limited (Bidco), an entity indirectly owned by certain funds, clients or accounts managed or advised by KKR Credit Advisors (US) LLC or its affiliates, was successful with an offer of $3.60 for each Pepper Share plus a fully franked Special Dividend of 10 cents a share unless shareholders elected the Equity Alternative of one share in Red Hot Australia Holdco Pty Limited (Holdco, the owner of 100% of the shares in Bidco) for each Pepper Share or retained all of their Pepper Shares in which event, Bidco may compulsorily acquire the shares at any time in the 3 year period from the Implementation Date for a cash amount per Retained Pepper Share equal to the then fair market value of a Holdco Share|
|COBALT ONE LIMITED (CO1)||04 Dec 17||we understand under the scheme of arrangement with First Cobalt Corp, Cobalt One shareholders received the Scheme Consideration of 0.145 new First Cobalt shares or CDIs per Cobalt One share|
|KORE POTASH LIMITED (K2P)||01 Dec 17||we understand the Kore Group redomiciled to the UK with shareholders in K2P receiving one share (held as a CDI) in Kore Potash plc for every one share they held in K2P - Kore Potash plc listed on ASX on 7/11/2017 and is proposing to list on AIM|
|MEDICAL AUSTRALIA LIMITED (MLA)||30 Nov 17||we understand ICU Medical Inc. was successful with an offer of $0.086 cash for each MLA share|
|EMERGING CAPITAL LTD (ECL)||27 Nov 17||we understand that following an investigation conducted by the exchange into the suitability of listing of the Company, NSX considered that the Company was no longer suitable for listing|
|AL HAMRA HOTELS AND RESORTS LTD (AHH)||27 Nov 17||we understand that following an investigation conducted by the exchange into the suitability of listing of the Company, NSX considered that the Company was no longer suitable for listing|
|ALLIANCE GLOBAL CAPITAL LTD (AGT)||27 Nov 17||we understand that following an investigation conducted by the exchange into the suitability of listing of the Company, NSX considered that the Company was no longer suitable for listing|
|ANCHOR CAPITAL INVESTMENTS LIMITED (ACI)||27 Nov 17||we understand that following an investigation conducted by the exchange into the suitability of listing of Anchor Capital Investments Limited, NSX considered that the Company was no longer suitable for listing|
|TEN NETWORK HOLDINGS LIMITED (TEN)||24 Nov 17||we understand all shares in TEN were transferred to CBS International Television Australia for nil consideration following TEN's failure and subsequent administration|
|PAN PACIFIC PETROLEUM NL (PPP)||13 Nov 17||we understand Zeta Resources Limited was successful with an offer of one Zeta share for every 10 PPP shares or, if elected, $0.038 per PPP share|
|EAGLE IG LIMITED (EAG)||08 Nov 17|
|LUIRI GOLD LIMITED (LGM)||03 Nov 17||we understand costs of the listing and an inability to acquire Aluminium Metal Recyclers (Pty) Limited and comply with listing requirementsÂ (note at the same time there was a 1 for 100 Share Consolidation, change of name to Imritec Limited and an offer to acquire small shareholdings of less than 100,000 at $0.003 a share)|
|PROGRAMMED MAINTENANCE SERVICES LIMITED (PRG)||30 Oct 17||we understand PERSOL HOLDINGS CO., LTD (PERSOL) (through its wholly owned subsidiary Autalent Solutions Pty Ltd ACN 620 805 647) was successful with an offer of $2.86 for each PRG share - a fully franked cash Special Dividend of $0.16 per PRG share was also paid on 20 October 2017|
|SEYMOUR WHYTE LIMITED (SWL)||24 Oct 17||we understand VINCI Construction Australasia was successful with an offer of $0.84 per Seymour Whyte share|
|EXTERRA RESOURCES LIMITED (EXC)||23 Oct 17||we understand under the merger with Anova Metals Limited, eligible Exterra shareholders received one new Anova share for every two they held|
|JUHE CAPITAL HOLDINGS LIMITED (JCL)||20 Oct 17||we understand following an investigation conducted by the exchange, into the conduct of Juhe Capital Holdings Limited (the â€œCompanyâ€), NSX has concluded that the Company was unable to satisfy the obligations of a public company listed on an Australian stock exchange and as a result, NSX considers that the issuer is no longer suitable for listing|
Approximately 10,000 companies have been delisted from the Australian Stock Exchange (or the state-based exchanges), Newcastle Stock Exchange and Bendigo Stock Exchange over the past 100 odd years, or have had their name changed.
These companies, the date and the reason for the delisting, feature on our website.
As far as is possible, our record for delisted companies is "frozen" at the point of delisting from an exchange. Depending on company developments after delisting, you may find current items in "News & Events" within the company record. You should realise other data within the company record may no longer be valid; the company may subsequently have changed its legal status and even be deregistered. If deregistered, it has ceased to exist.
Why was your company delisted?
Most companies are delisted either because they are acquired by another company, they merge with another company or they have solvency problems.
Shareholders should also note that entities do change their name and many have had multiple names. They are then of course listed under their new name and no longer under their previous name.
According to the Australian Stock Exchange Listing Rules, a company may be removed from the official list:
If it asks to be removed (ASX may impose conditions).
If in the opinion of ASX:
It breaks a listing rule or is unwilling or unable to comply with a rule
It has no quoted securities
It is appropriate for some other reason
Following the issue of compulsory acquisition notices and previous suspension of securities under Listing Rule 17.4 or Listing Rule 17.4A.
If it fails to pay listing fees.
Note that you can view the detail of these listing rules by clicking here.
Delisting is not the same as failure
Investors are often confused by company delisting and company failure. They are almost completely unrelated. The majority of companies are delisted for reasons other than failure such as takeover, merger, illiquidity, withdrawal because of listing costs etc.
Most company failures do not result in a delisting. Company failure lies behind many "changes of activity" where companies fail with one activity and formally adopt another. Sometimes a change of name reflects an attempt to disassociate from past failures. Both are classic cases of failure masked by events other than a delisting. The share price usually reflects these failures.
Many small companies fail and actually go into administration, where they are reconstructed and recapitalised. They later emerge with either the same name or a different name. Later there is hardly any sign of the failure. Only the shareholders concerned are painfully aware. Their capital has been savagely diluted and their shares are practically worthless.
Larger companies that fail such as Pasminco, HIH Insurance, ABC Learning, Babcock & Brown are of course eventually delisted.
Finding your company
If your company has been delisted there are three ways of finding it:
If you are unable to find your company or the information is incomplete or incomprehensible we recommend you send us a message and we will try to assist.
Please bear in mind we are unable to help with private companies, public companies that have never been listed or with companies domiciled outside Australia or New Zealand. The Australian Securities and Investments Commission on 1300 300 630 or the NZ Companies Office on 0508 266 726 may be able to assist you with other companies.
Download delisted companies 1996-2016
Please click on the appropriate year below to see in csv format, companies delisted in that year along with the date, official ASX reason and our explanation for the delisting. (Note that our explanation includes the amount of consideration payable to shareholders where a company has been taken over or merged.)