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CUMMINSCORP LIMITED (CMN)

Delisted from ASX 31/08/2009

Former (or subsequent) names

 

Shareholder links

 

Company details

Address: C/- Vindico Partners, Level 3, 145 Eagle St, Brisbane 4000
Tel:  (07) 5514 4000 Fax: (07) 5580 4817

Date first listed: 16/03/2006
Company Secretary: Mr Graham Edney
Sector: Commercial Services & Supplies Industry Group: XNJ
Activities: Research and development in the three areas of water remediation and purification, aquaculture and waste water treatment

company deregistered today

14/11/2012

delisted following failure to pay listing fees

31/08/2009

receivers and managers are appointed to the company

21/04/2009

the company is placed in liquidation

20/04/2009

company provides an update

19/12/2008

a meeting of creditors is to be held on 12 December to consider proposals to extend the DOCA so that the company may generate sufficient cash to meet its terms

08/12/2008

454,914,287 shares are released from escrow today (there are now none left in escrow)

16/03/2008

company releases its half yearly report and accounts

14/03/2008

at the meeting on 29 Feb all resolutions considered were passed on a show of hands

04/03/2008

company releases its chairman's address and ceo summary to shareholders

29/02/2008

company lodges a number of quarterly cash flow reports including a quarterly report to 31 December 2007 which shows a cash flow deficit at operating level of $198k and a balance of cash remaining of $227k

22/02/2008

company provides amendments to its Notice of Annual General Meeting which is scheduled for 29 Feb 2008

22/02/2008

releases half yearly accounts to 31 December 2006 and 2007 annual report

31/01/2008

a $2m capital raising has closed and the company expects to be able to pay all creditors by end of 2008 - it expects to then apply for the re-quotation of its shares

24/01/2008

company advises that it is poised to expand into Asia

13/12/2007

a third payment has been made to creditors as scheduled - the first payment of 50% of the liability to the secured creditor has also been made

14/11/2007

releases 2006 Annual Report

18/10/2007

a capital raising is being undertaken to raise $2m

25/09/2007

a second payment has been made to creditors as scheduled

06/09/2007

payments have been made to administrators and to creditors as scheduled

29/06/2007

the company advises it is busy finalising its annual report to June 2006 and expects to have it out to shareholders by July 2007 - (thats better than never but its still a year out of date) - the boards objective is to "have a close and good relationship" with ASIC and ASX and establish all statutory requirements necessary to seek re-commencement of trading (of its securities) on the ASX at the earliest possible date

29/05/2007

a copy of the deed of company arrangement is released today

24/04/2007

a deed of company arrangement is executed today

02/04/2007

at the second meeting of creditors today, it was resolved to accept the director's proposal for a deed of company arrangement

13/03/2007

the second meeting of creditors is to be held on 13 March 2007

07/03/2007

administrators report to Creditors

05/03/2007

an information memorandum is made available to parties interested in the acquiring the company - the closing date is 24 January 2007 (by 5pm)

04/01/2007

the company is advertised for sale

20/12/2006

the second meeting of creditors is to be held on or prior to 12 February 2007

14/12/2006

the company has appointed Gerry Collins and Mathew Joiner of JCJ Partners as Voluntary Administrators - this never augurs well for shareholders - it will possibly be a month or so before anything substantive on the administration is available for shareholders

20/11/2006

CEO provides a shareholder newsletter explaining why the shares are still suspended from quotation and outlining what action is being taken to get the company properly staffed and directed - he expects it will be several months before financial reports are finalised and audited, other issues attended to and the shares regain quotation on ASX

27/10/2006

Barry Hollis resigns as a casual director

18/10/2006

provides an update on progress with appointment of CEO, auditor, company secretary, chief financial officer and directors - no date is set for an AGM or EGM and the board can't speculate when the shares will be reinstated to quotation

02/10/2006

appoints Warren Greiner as a director and CEO

22/09/2006

company is now saying suspension of securities will continue until matters are finalised with ASX and ASIC - and is intending to hold an Extraordinary General Meeting on October 6 - why don't the directors just provide a detailed explanation of what is going on by way of a release to the market? - what is an EGM going to achieve beyond that?

01/09/2006

advises of about 540,000 shares to be released from escrow during September 2006

18/08/2006

company appoints three new directors to its board

19/07/2006

company now advises that it expects its shares to be requoted by 31 July 2006

30/06/2006

applies for the quotation of 1,071,430 fully paid ordinary shares at the end of escrow

14/06/2006

applies for the quotation of 270,000 fully paid ordinary shares at the end of escrow

09/06/2006

company advises that it is close to furnishing information to ASIC and now expects the shares to be requoted by 30 June 2006

01/06/2006

applies for the quotation of 222,858 fully paid ordinary shares at the end of escrow

01/06/2006

solicitors to the company advise that the company is close to furnishing information to ASIC and expect the shares to be requoted by 31 May 2006

10/05/2006

company advises that Christopher Kelly has resigned as a director

10/05/2006

securities suspended from quotation at the request of the company pending the release of an announcement

03/05/2006

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    John RivettChairman02/10/2008
    Graham EdneyCEO11/12/2007

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Mark WachtelNon Exec Director19/04/200716/02/2009
    Chris KellyNon Exec Director24/01/200302/05/2006

    Date of first appointment, title may have changed.