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05 May 2025
| Name: | CUMMINSCORP LIMITED (CMN) |
| Date of Listing: | 16 March 2006 |
| Date of Delisting: | 31 August 2009 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 31 August 2009.Legal Status:
ACN: 103 409 650ABN: 14 103 409 650
Registration Date: 24 January 2003
Deregistration Date: 14 November 2012
Capital Gains Tax (CGT) Status:
This entity was deregistered on 14 November 2012. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
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 |
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 |
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| NAME | TITLE | DATE OF APPT |
|---|---|---|
| John Rivett | Chairman | 02/10/2008 |
| Graham Edney | CEO, Company Secretary | 11/12/2007 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Mark Wachtel | Non Exec Director | 19/04/2007 | 16/02/2009 |
| Chris Kelly | Non Exec Director | 24/01/2003 | 02/05/2006 |
Date of first appointment, title may have changed.
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