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CENTAUR MINING AND EXPLORATION LIMITED (CTR)

Delisted from ASX 30/08/2002

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company deregistered today22/05/2013
litigation funder, IMF, is funding action by the new liquidators against Messrs Gutnick, Tyrwhitt and Guina, alleging that they breached their obligations to prevent insolvent trading by the 2 Centaur companies, Centaur Mining & Exploration Ltd (in liquidation) and Centaur Nickel Pty Ltd (in liquidation) - the trial is set to commence on 30 May 2009 - we are informed by the liquidators that there is no likelihood that a distribution will be made to shareholders in the event the legal action is successful17/01/2009
court orders are made whereby Stephen Hawke is removed as liquidator and Samuel Davies and Colin Nicol appointed as liquidators - the new liquidators will take action to recover preference payments and undertake further work on the funding of an insolvent trading claim against the directors of the company20/09/2005
a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued02/10/2002
delisted due to failure to pay annual listing fee30/08/2002
ASIC announce formal investigation into possible insolvent trading offences02/08/2002
R McKern and S Hawke of KPMG appointed joint liquidators02/08/2002
administrator indicates still investigating potential claims against directors03/05/2002
administrator confirms company subject to deed of arrangement (extended to 2 August 2002 on 31/1/02)21/12/2001
administrator indicates possibility of settlement with directors which may prevent liquidation21/12/2001
KPMG partner asserts the negative economic value inherent in poorly designed cash flow hedging strategies (as well as the impact of falling commodity prices on unhedged cash flow) have been important factors in the demise of the company07/11/2001
A Watson and D McEvoy (PriceWaterhousecoopers) appointed receivers and manager15/03/2001
trading in company's shares suspended15/03/2001
LP Maxsted and SA Hawke of KPMG appointed as administrators of the company14/03/2001
directors respond to ASIC query confirming their belief that company is solvent19/02/2001
we understand that on or about this date the company consolidated its shares 1 for 1003/09/2000
name changed from Centaur Mining And Exploration NL04/04/1974

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    Directors' on-market share transactions (last 5)

     

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