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Link Market Services, Tower 4, 727 Collins Street Docklands VIC 3008
Tel : +61 3 9615 9800
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

Address: 10 River St, Richmond VIC 3121
Tel:  03 8420 8987 Fax: 

Company Secretary: 
Industry Group: 

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.


we would like to hear from anybody with contact details for directors of this company


the company has emerged from administration and is "in the hands" of its directors - we would like to hear from them at


the former Deed Administrators advise the company is no longer the subject of a Deed of Company Arrangement and that they have "resigned from their appointment"


we are informed that when the Deed of Company Arrangement is effectuated, the company will be deregistered - there is an oustanding GST matter still to resolved - we have today requested that the administrator provide a declaration so that shareholders can claim their loss in 2005/06 without needing to dispose of their shares


a first and final dividend is to be declared on 25 July 2006 for the company


we understand this company has been in administration for about six months - it is not trading and has virtually no assets or liabilities - there was a proposal for directors to contribute funds to settle the claims of unsecured creditors - there is also an outstanding tax matter - evidently when these matters are resolved the company will be deregistered - the administrators are David Loftus and Richard Couchi of CJL Partners on 03 9639 4779


a Deed of Company Arrangement is executed


an administrator is appointed to the company


in view of the fact this company will possibly not seek a relisting on ASX until the second half of 2004 we do not intend to continue monitoring its activities unless requested to do so by shareholders - see or contact AHL CORPORATION LIMITED Address 10 RIVER ST, RICHMOND VIC 3121, Telephone 03 84208987 Fax 03 84208988 for developments meanwhile


newsletter posted to all shareholders - shareholders can also view developments at


AHL has secured options to acquire up to 32 million shares in HNA prior to 30 June 2003 at 10 cents each (being the conversion price under the Convertible Loan Agreement), with 16 million free attaching options to acquire further HNA shares, half at 14 cents each up to 30 June 2004 and the balance at 16 cents each up to 30 June 2005


AHL is presently preparing for a capital raising, including an issue to its shareholders, to enable it to take up shares available under the HNA options - information in relation to the share issue will be distributed to all shareholders


board advises that it will not be seeking to re-list the company at this time - probably will seek in the second half of 2004


the issued shares and options of AHL have been consolidated on the basis of one (1) new ordinary share for every ten (10) ordinary shares held prior to the consolidation - this consolidation applies to all shareholders equally and as such does not change their percentage ownership in the company


name changed from Aerosonde Holdings Limited, on 29/11/02 after Aerosonde Holdings Limited was delisted from ASX on 30/8/02


agreement with Saab for the sale of AHL's investment in Aerosonde completed - company transferred 50.1% of its shareholding in Aerosonde to Saab, and was granted a put option by Saab to sell the remaining 49.9% shareholding to Saab on exercise of the option after 16 September 2003 - company intends exercising the put option in September 2003 and will receive $400,000 on exercise of this option - the partly paid shares held by Saab were cancelled in consideration of the payment of $1.5m by Saab to AHL


a Notice of Meeting and Annual Report were sent to shareholders early November and there was an AGM in Melbourne on 29 November 2002 - the company (now AHL Corporation Ltd) has bought into HNA, a company involved in physiotherapy


ASX Announcements (courtesy of ASX)


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