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12 May 2024
| Name: | EVANS DEAKIN INDUSTRIES LIMITED (EDI) |
| Date of Delisting: | 10 April 2001 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 10 April 2001.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service | 31/03/2022 |
taken over by Downer Holdings Pty Limited | 10/04/2001 |
we understand Downer Holdings P/L was a subsidiary of the Hong Kong based Downer Group which made an offer giving EDI shareholders two alternatives, five Downer shares and $1.50 for every two EDI shares or 15 Downer shares for every four EDI shares - this offer was rejected and subsequently Downer offered EDI shareholders 2 Downer shares and $1.35 cash for every EDI share or a full share alternative comprising 17 Downer shares for every 4 EDI shares - based on an attributed value of 65 cents per Downer share, the revised offer represented about $2.65 or $2.76 per EDI share and valued EDI at between $250 million and $260 million - the subsequent offer was recommended by the EDI board | 10/04/2001 |
former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service | 31/03/2022 |
taken over by Downer Holdings Pty Limited | 10/04/2001 |
we understand Downer Holdings P/L was a subsidiary of the Hong Kong based Downer Group which made an offer giving EDI shareholders two alternatives, five Downer shares and $1.50 for every two EDI shares or 15 Downer shares for every four EDI shares - this offer was rejected and subsequently Downer offered EDI shareholders 2 Downer shares and $1.35 cash for every EDI share or a full share alternative comprising 17 Downer shares for every 4 EDI shares - based on an attributed value of 65 cents per Downer share, the revised offer represented about $2.65 or $2.76 per EDI share and valued EDI at between $250 million and $260 million - the subsequent offer was recommended by the EDI board | 10/04/2001 |
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