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16 September 2024
| Name: | ASSET REALISATION COMPANY PLC (STC) | ||||||
| Date of Listing: | 16 April 2007 | ||||||
| Date of Delisting: | 18 September 2009 | ||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 18 September 2009.Legal Status:
ACN: 121 989 599
Registration Date: 29 September 2006
Deregistration Date: 02 March 2010
Capital Gains Tax (CGT) Status:
This entity was deregistered on 02 March 2010. Deregistration is a Capital Gains Tax Event. In our opinion you are entitled to crystallise any capital loss in the tax year that deregistration occurs providing you have not previously done so. If you did not crystallise your loss in the tax year the entity was deregistered, you may seek to re-open that year’s assessment but anyway should seek professional advice as to how best to proceed.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
ASX Announcements (courtesy of ASX)
| Company | FROM | TO |
|---|---|---|
| ASSET REALISATION COMPANY PLC | 08/04/2009 | |
| STEM CELL SCIENCES PLC | 08/04/2009 |
delisted at entity's request | 18/09/2009 |
company gives notice that "its Shares will be cancelled from admission to, and trading on, the ASX" as from 18 September - rather curious as we thought the shares had not been trading since November last year! | 16/09/2009 |
Company says it will keep shareholders informed through its website www.assetrealco.com | 16/09/2009 |
company informs CDI holders that it proposes to delist from trading on and admission to, the Australian Securities Exchange ("ASX"). Accordingly it will no longer be necessary or permissible, for interests in the Company's ordinary shares of 1 pence each ("Ordinary Shares"), to be held in the form of Chess Depository Interests ("DIs") | 14/09/2009 |
the Company gives notice that subject to confirmation from the ASX, it's Shares will be cancelled from admission to and trading on the ASX at a date to be confirmed by the ASX | 14/09/2009 |
further to the announcement made by the Company on 1 June 2009, the Company gives notice that , subject to confirmation from the ASX, its shares (CDI's) will be cancelled from admission to and trading on ASX with effect from close of trading on 1 July 2009 (the "ancellation"). As set out in the circular to shareholders dated 3 March 2009, the Directors intend to re-register the Company as a private limited Company following the Cancellation. The Directors will continue to keep shareholders informed as appropriate, in particular with respect to any subsequent distribution to be made by the Company to its shareholders, through the Company's website | 26/06/2009 |
we understand that the company will not be distributing any return of capital before the end of June 2009 as it will "still be involved in the administrative process of delisting and preparing to make the return of capital in a way that ensures the tax authorities view this as a capital loss rather than income gain" | 22/06/2009 |
Company gives notice that it's Ordinary Shares will be cancelled from admission to and trading on AIM with effect from 7.00 a.m. on 26 June 2009 | 12/06/2009 |
name changed from Stem Cell Sciences PLC | 08/04/2009 |
delisted at entity's request | 18/09/2009 |
company gives notice that "its Shares will be cancelled from admission to, and trading on, the ASX" as from 18 September - rather curious as we thought the shares had not been trading since November last year! | 16/09/2009 |
Company says it will keep shareholders informed through its website www.assetrealco.com | 16/09/2009 |
company informs CDI holders that it proposes to delist from trading on and admission to, the Australian Securities Exchange ("ASX"). Accordingly it will no longer be necessary or permissible, for interests in the Company's ordinary shares of 1 pence each ("Ordinary Shares"), to be held in the form of Chess Depository Interests ("DIs") | 14/09/2009 |
the Company gives notice that subject to confirmation from the ASX, it's Shares will be cancelled from admission to and trading on the ASX at a date to be confirmed by the ASX | 14/09/2009 |
further to the announcement made by the Company on 1 June 2009, the Company gives notice that , subject to confirmation from the ASX, its shares (CDI's) will be cancelled from admission to and trading on ASX with effect from close of trading on 1 July 2009 (the "ancellation"). As set out in the circular to shareholders dated 3 March 2009, the Directors intend to re-register the Company as a private limited Company following the Cancellation. The Directors will continue to keep shareholders informed as appropriate, in particular with respect to any subsequent distribution to be made by the Company to its shareholders, through the Company's website | 26/06/2009 |
we understand that the company will not be distributing any return of capital before the end of June 2009 as it will "still be involved in the administrative process of delisting and preparing to make the return of capital in a way that ensures the tax authorities view this as a capital loss rather than income gain" | 22/06/2009 |
Company gives notice that it's Ordinary Shares will be cancelled from admission to and trading on AIM with effect from 7.00 a.m. on 26 June 2009 | 12/06/2009 |
name changed from Stem Cell Sciences PLC | 08/04/2009 |
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| NAME | TITLE | DATE OF APPT |
|---|---|---|
| David Dodd | Chairman | |
| Alastair Riddell | CEO, Executive Director | |
| Giorgio Reggiani | Finance Director, Company Secretary | |
| Mike Dexter | Non Exec Director | |
| Harry Karelis | Non Exec Director | |
| Leslie Webb | Non Exec Director | |
| Peter Mountford | Non Exec Director | |
| Paul Bello | Company Secretary |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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