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03 December 2023
| Name: | DISCTRONICS LIMITED (DIS) | |||||||||
| Date of Delisting: | 03 February 1993 | |||||||||
| Former Names: |
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Stock Exchange Status: (updated daily)
This entity was delisted from the Australian Securities Exchange on 03 February 1993.Legal Status: (updated monthly)
Capital Gains Tax (CGT) Status: (updated at least quarterly)
This entity was deregistered on 05 May 2013. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.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 | FROM | TO |
|---|---|---|
| DISCTRONICS LIMITED | 22/09/1988 | |
| BGL INTERNATIONAL LIMITED | 31/12/1987 | 22/09/1988 |
| WORLD ASSET MANAGEMENT LIMITED | 31/12/1987 |
company deregistered today | 05/05/2013 |
this company has been converted to a private company and is now called Hedron Investments (Aust) Pty Limited - further details are available from ASIC on 1300 300 630 | 11/03/2005 |
we understand at least some shareholders sold shares back to the company for 5.5 cents in 2000 taking the buy back opportunity to establish a capital loss - recently shareholders received a return of capital together with a letter from Hedron Investments Limited who now hold the Disctronics shares in trust - evidently litigation is ongoing but the company expects to "deliver a pleasing final outcome" to its members - enquiries to telephone number in Melbourne (03) 8676 0222 | 04/09/2004 |
THIS IS A NOTE WE CARRY FOR QUATRO - IT MAY BE HELPFUL TO DISCTRONICS SHAREHOLDERS "company (ie Quatro) has a small amount of cash and a residual holding in Disctronics a company that lost its listing on 3 Feb 1993 - attempts are being made to realise Disctronic's overseas assets which will have some flow through to Quatro shareholders - there are some 3500-4000 shareholders who will not be able to crystallise any capital loss until this is finalised - we will maintain contact with the company" | 12/09/2002 |
delisted at entity's request | 03/02/1993 |
name changed from BGL International Limited | 22/09/1988 |
company deregistered today | 05/05/2013 |
this company has been converted to a private company and is now called Hedron Investments (Aust) Pty Limited - further details are available from ASIC on 1300 300 630 | 11/03/2005 |
we understand at least some shareholders sold shares back to the company for 5.5 cents in 2000 taking the buy back opportunity to establish a capital loss - recently shareholders received a return of capital together with a letter from Hedron Investments Limited who now hold the Disctronics shares in trust - evidently litigation is ongoing but the company expects to "deliver a pleasing final outcome" to its members - enquiries to telephone number in Melbourne (03) 8676 0222 | 04/09/2004 |
THIS IS A NOTE WE CARRY FOR QUATRO - IT MAY BE HELPFUL TO DISCTRONICS SHAREHOLDERS "company (ie Quatro) has a small amount of cash and a residual holding in Disctronics a company that lost its listing on 3 Feb 1993 - attempts are being made to realise Disctronic's overseas assets which will have some flow through to Quatro shareholders - there are some 3500-4000 shareholders who will not be able to crystallise any capital loss until this is finalised - we will maintain contact with the company" | 12/09/2002 |
delisted at entity's request | 03/02/1993 |
name changed from BGL International Limited | 22/09/1988 |
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