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02 December 2024
| Name: | DIA-B TECH LIMITED (DIA) (This company subsequently changed its name and is now PALLANE MEDICAL LIMITED. You should refer to that name for Status.) | ||||||
| Date of Listing: | 24 January 2005 | ||||||
| Subsequent Names: |
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Stock Exchange Status:
This company subsequently changed its name and is now PALLANE MEDICAL LIMITED. You should refer to that name for Stock Exchange Status.Legal Status:
This company subsequently changed its name and is now PALLANE MEDICAL LIMITED. You should refer to that name for Legal Status.Capital Gains Tax (CGT) Status:
This company subsequently changed its name and is now PALLANE MEDICAL LIMITED. You should refer to that name for Capital Gains Tax Status.
Updates, corrections, disagreements please email to admin@delisted.com.au
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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.
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| Company | FROM | TO |
|---|---|---|
| PALLANE MEDICAL LIMITED | 20/11/2009 | |
| DIA-B TECH LIMITED | 20/11/2009 |
REGISTRY:
Security Transfer Australia Pty Ltd
No longer operating
name changed to Pallane Medical Limited | 20/11/2009 |
releases Annual Financial Report | 30/10/2009 |
following the recent default of the Pallane Medical underwriting by Winteray Capital, that the Company has undertaken a review of all options available - following extensive negotiations, the convertible note holder in DIA, Trafalgar Capital Specialized Investment Fund, will take control of the Company through an agreement to convert the majority of the current convertible debt holdings into equity, subject to shareholder approval - the Board believes this is in the best interest of all creditors and shareholders - the Chairman, Dr Michael Wooldridge, non-executive Director Mr Neil Hewitt and CEO/Company Secretary Mr Ken Smith have stood aside and facilitated the appointment of the new Directors and management | 05/10/2009 |
advises that it has received a notice of termination in relation to the share sale agreement for the acquisition of Pallane Medical Pty Ltd (Pallane). The Company's proposed acquisition of Pallane, as announced to the market on 12 February 2009, will no longer be completed on the terms of that agreement | 13/08/2009 |
advises that Winteray Capital Pty Ltd, the underwriter under the Company's capital raising to fund the acquisition of Pallane Medical Pty Ltd (Offer), has not, to date, satisfied its obligation under the terms of the underwriting agreement to cause applications subscribing for the ordinary shares comprising the shortfall under the Offer to be lodged with the Company by Monday, 10 August 2009. The Company is seeking advice on this matter and will inform the market immediately of any further developments | 11/08/2009 |
the Company advises that the offer period for its capital raising to fund the acquisition of Pallane Medical Pty Ltd closed Friday 31 July 2009 - there was a substantial shortfall in applications for shares in the Offer - the Offer is underwritten by Winteray Capital Pty Ltd (Underwriter) to the amount of $12.5 million - immediately following the close of the Offer, the Company served on the Underwriter a shortfall notice for the Underwriter to take up the Shortfall - in accordance with the terms of the underwriting agreement with the Underwriter, the Company expects applications to be lodged to subscribe for the ordinary shares comprising the Shortfall by no later than Monday, 10 August 2009 | 03/08/2009 |
company advises that it has extended the offer period for its capital raising to fund the acquisition of Pallane Medical Pty Ltd 2009 until Friday, 31 July 2009 | 28/07/2009 |
the process to consolidate the shares and options of the Company on a twenty (20) for one (1) basis is now complete in accordance with section 254H(1) of the Corporations Act. The consolidation was approved by shareholders at the Company's general meeting held on the 29 th June 2009 | 08/07/2009 |
the securities of Dia-B Tech Limited (the "Company") will be suspended from quotation immediately following security holder approval of the Company's acquisition of Pallane Medical Pty Limited and resultant change of activities | 29/06/2009 |
securities reinstated to quotation | 13/02/2009 |
the securities of Dia-B Tech Ltd (the "Company") will be suspended from quotation immediately, following the Company's announcement concerning the proposed acquisition of Pallane Medical Pty Ltd (the "Acquisition"). Unless ASX decides otherwise, the securities of the Company will be reinstated to official quotation prior to the commencement of trading on Friday, 13 February 2009 | 12/02/2009 |
name changed to Pallane Medical Limited | 20/11/2009 |
releases Annual Financial Report | 30/10/2009 |
following the recent default of the Pallane Medical underwriting by Winteray Capital, that the Company has undertaken a review of all options available - following extensive negotiations, the convertible note holder in DIA, Trafalgar Capital Specialized Investment Fund, will take control of the Company through an agreement to convert the majority of the current convertible debt holdings into equity, subject to shareholder approval - the Board believes this is in the best interest of all creditors and shareholders - the Chairman, Dr Michael Wooldridge, non-executive Director Mr Neil Hewitt and CEO/Company Secretary Mr Ken Smith have stood aside and facilitated the appointment of the new Directors and management | 05/10/2009 |
advises that it has received a notice of termination in relation to the share sale agreement for the acquisition of Pallane Medical Pty Ltd (Pallane). The Company's proposed acquisition of Pallane, as announced to the market on 12 February 2009, will no longer be completed on the terms of that agreement | 13/08/2009 |
advises that Winteray Capital Pty Ltd, the underwriter under the Company's capital raising to fund the acquisition of Pallane Medical Pty Ltd (Offer), has not, to date, satisfied its obligation under the terms of the underwriting agreement to cause applications subscribing for the ordinary shares comprising the shortfall under the Offer to be lodged with the Company by Monday, 10 August 2009. The Company is seeking advice on this matter and will inform the market immediately of any further developments | 11/08/2009 |
the Company advises that the offer period for its capital raising to fund the acquisition of Pallane Medical Pty Ltd closed Friday 31 July 2009 - there was a substantial shortfall in applications for shares in the Offer - the Offer is underwritten by Winteray Capital Pty Ltd (Underwriter) to the amount of $12.5 million - immediately following the close of the Offer, the Company served on the Underwriter a shortfall notice for the Underwriter to take up the Shortfall - in accordance with the terms of the underwriting agreement with the Underwriter, the Company expects applications to be lodged to subscribe for the ordinary shares comprising the Shortfall by no later than Monday, 10 August 2009 | 03/08/2009 |
company advises that it has extended the offer period for its capital raising to fund the acquisition of Pallane Medical Pty Ltd 2009 until Friday, 31 July 2009 | 28/07/2009 |
the process to consolidate the shares and options of the Company on a twenty (20) for one (1) basis is now complete in accordance with section 254H(1) of the Corporations Act. The consolidation was approved by shareholders at the Company's general meeting held on the 29 th June 2009 | 08/07/2009 |
the securities of Dia-B Tech Limited (the "Company") will be suspended from quotation immediately following security holder approval of the Company's acquisition of Pallane Medical Pty Limited and resultant change of activities | 29/06/2009 |
securities reinstated to quotation | 13/02/2009 |
the securities of Dia-B Tech Ltd (the "Company") will be suspended from quotation immediately, following the Company's announcement concerning the proposed acquisition of Pallane Medical Pty Ltd (the "Acquisition"). Unless ASX decides otherwise, the securities of the Company will be reinstated to official quotation prior to the commencement of trading on Friday, 13 February 2009 | 12/02/2009 |
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| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Ravindran Govindan | Chairman | 05/10/2009 |
| Joanna Broeders | Director | 05/10/2009 |
| Sam Di-Giacomo | Director, Company Secretary | 05/10/2009 |
| Peter Stafford | Director | 05/10/2009 |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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