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former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service


taken over by Downer Holdings Pty Limited


we understand Downer Holdings P/L was a subsidiary of the Hong Kong based Downer Group which made an offer giving EDI shareholders two alternatives, five Downer shares and $1.50 for every two EDI shares or 15 Downer shares for every four EDI shares - this offer was rejected and subsequently Downer offered EDI shareholders 2 Downer shares and $1.35 cash for every EDI share or a full share alternative comprising 17 Downer shares for every 4 EDI shares - based on an attributed value of 65 cents per Downer share, the revised offer represented about $2.65 or $2.76 per EDI share and valued EDI at between $250 million and $260 million - the subsequent offer was recommended by the EDI board

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