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GLOBAL FORTUNE INVESTMENT LIMITED (GFI)

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ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 

Shareholder links

Our website ranking of GFI: rating 2
(2 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Link Market Services, Rhodes Corporate Park, 1A Homebush Bay Drive, Rhodes NSW 2138
Tel : +61 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000GFI2
Address: Level 36, Gateway, 1 Macquarie Place Sydney NSW 2000
Tel:  +61 2 8075 4733 Fax: +61 2 8075 4550

Date first listed: 04/02/2016
Company Secretary: Raman Bhalla
Sector: Materials
Industry Group: 
Activities: 
OFX Transferring Money Internationally to Free

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

13/08/2020

delisted from the commencement of trading on Monday, 15 June 2020, pursuant to Listing rule 17.12.

15/06/2020

we understand this company failed and ASX removed the company from listing because its securities have been suspended from trading for an unacceptably long period

15/06/2020

The company lodges the following: Quarterly Operations and Cashflow Report September 2019, Monthly Operations and Cashflow Report October 2019, Revised Monthly Operations and Cashflow Report November 2019, Monthly Operations and Cashflow Report December 2019, Quarterly Operations and Cashflow Report December 2019, Monthly operations and cashflow report November 2019, Monthly operations and cashflow report January 2020, Monthly operations and cashflow report February 2020, Monthly operations and cashflow report November 2020, Quarterly Activities and Cashflow Report March 2020, Monthly Activities and Cashflow Report April 2020, Monthly Activities and Cashflow Report March 2020 and Quarterly Activities and Cashflow Report March 2020.

25/05/2020

The company lodges the following: Monthly Operations and Cashflow Report June 2019, Quarterly Operations and Cashflow June 2019, Monthly operations and cashflow report July 2019, Monthly operations and cashflow report August 2019 and Monthly operations and cashflow report September 2019.

22/05/2020

The company lodges its Monthly operations and cashflow report November 2019.

22/05/2020

The company lodges its Half Year Accounts.

13/03/2020

The company releases the results of its meeting.

28/11/2019

The company's AGM will be held at 2:00pm (AEDT) on Thursday, 28 November 2019 at Level 36, Gateway, 1 Macquarie Place Sydney NSW 2000.

30/10/2019

All of the conditions precedent to the disposal having been satisfied, the company has completed the disposal of the company's indirect interest in 144,000 fully paid ordinary shares held in New Chinese In Australia Alliance by Aocia. At the settlement date of 25 September 2019, Aocia had not repaid in full the debt of $110,000 owed by Aocia to the purchaser, as such the consideration payable by the purchaser to Aocia at settlement was adjusted and reduced by such amount of the debt owing resulting in the company receiving net consideration of $210,000.

29/10/2019

The company lodges its Annual Report 2019.

30/09/2019

The company releases its Appendix 4G and Corporate Governance Statements.

30/09/2019

The company releases the results of the meeting.

20/09/2019

The company releases a notice of general meeting. The meeting will be held at 2:00pm (AEST) on 20 September 2019 at Level 36, Gateway 1 Macquarie Place SYDNEY NSW 2000.

19/08/2019

The company and its wholly owned subsidiary, Aocia Pty Ltd, have entered into a share sale agreement pursuant to which Aocia has conditionally agreed to dispose of its 144,000 NCIAA shares.

07/08/2019

The company lodges its Monthly Activities and Cashflow Report May 2019.

01/07/2019

The company, Aocia and Mr. Li have agreed to amend the terms of the loan agreement. The varied terms are as follows: The loan amount has been reduced from $360,000 to $110,000, with the difference having been repaid to Mr Li; The security granted to Mr Li over the shares held by Aocia in New China in Australia Alliance Pty Ltd (NCIAA) has been terminated and the loan is no longer secured; The term of the loan has been extended to 60 days from 4 June 2019; Aocia may repay the whole, or any part, of the outstanding amount of the loan at any time prior to the end of the Repayment Term.

13/06/2019

The company lodges its Monthly Activities and Cashflow Report April 2019.

12/06/2019

The company's subsidiary, Aocia, has entered into the binding terms sheet for the provision of a loan up to an amount of $360,000, to enable to company and the borrower to meet their ongoing working capital requirements while the company undertakes the steps necessary to re-comply with Chapters 1 and 2 of the ASX Listing rules, with Mr Mei Li. The borrower intends to do all things necessary to repay the loan amount as soon as practicable and intends to do so by way of the receipt of funds from the settlement of an ongoing dispute with a contractor and undertaking a new capital raising.

31/05/2019

The company lodges its Quarterly Activities and Cashflow Report March 2019.

21/05/2019

The company lodges its Monthly Activities and Cashflow Report March 2019.

21/05/2019

The company's exploration licence E31/1121 at Horse Rock Project in Western Australia have been successfully granted by the Department of Mines and Petroleum. The company is not aware of any legal impediments that will affect its proposed exploration activities on the licence. The company holds 52 blocks on the licence.

09/05/2019

The company lodges its Monthly Activities and Cashflow Report February 2019.

22/03/2019

The company lodges its Monthly Activities and Cashflow Report January 2019.

22/03/2019

The company lodges its Quarterly Activities and Cashflow Report December 2018.

22/03/2019

The company lodges its Monthly Activities and Cashflow Report December 2018.

22/03/2019

The company lodges its Monthly Activities and Cashflow Report November 2018.

22/03/2019

The company lodges its Monthly Activities and Cashflows Report October 2018.

21/03/2019

The company lodges its Quarterly Activities and Cashflow Report September 2018.

21/03/2019

The company lodges its Monthly Activities and Cashflow Report September 2018.

21/03/2019

The company lodges its Monthly Activities and Cashflow Report August 2018.

21/03/2019

The company lodges its Monthly Activities and Cashflow Report July 2018.

14/03/2019

The company lodges its Half Yearly Report and Accounts.

11/03/2019

The following unlisted options have expired unexercised: 850,000 at an exercise price of $0.40. These expired on 29 January 2019.

14/02/2019

The company makes a clarification in relation to the granting of options over the Western Australian mineral tenement. The previous terms of the heads of agreement with Expose Resources have not been changed, however the company notes that in order to earn its initial 51%, after meeting its $400,000 expenditure, EXX must also pay an amount of $80,000 to GFI in cash. Similarly, in order to earn its further 34%, upon completing the earn in, EXX must pau GFI a further $100,000 in cash.

14/02/2019

The company issues a response to ASX queries.

12/02/2019

The company has now entered into a formal heads of agreement with Expose Resources Limited granting an option and earnin rights to EXX over the Company's Western Australian Exploration Licence E31/1122 near Laverton. Under the terms of the Agreement, EXX has paid the Company $4,000 for the option to earn an interest in the Tenement, with the option being exercisable within 10 business days after EXX is admitted to trading on the ASX. If EXX exercises the option, it will have the right to potentially earn up to an 85% interest in the Tenement.

08/02/2019

The company releases the results of its meeting.

14/01/2019

Global Fortune Investment Limited (GFI) is pleased to announce a proposed new joint venture with Exposed Resources Ltd (EXX)

24/12/2018

The company releases Notice of Annual General Meeting Proxy Form. The meeting will be held at 2:00pm (AEDT) on Monday 14 January 2019 at Level 36, Gateway, 1 Macquarie Place Sydney NSW 2000.

18/12/2018

The company releases its Appendix 4G and Corporate Governance Statements.

17/12/2018

The company lodges its Annual Report to shareholders.

14/12/2018

The company has sought and gained approval from ASIC to extend the time within which GFI must hold its 2018 Annual General Meeting. This extension has been granted until 15 January 2019 and allows certain resolutions relating to the operations and recapitalization of the Company to be considered at the AGM, thus eliminating the need for an additional shareholder meeting for this purpose.

15/11/2018

The board of the company has decided not to proceed with the potential acquisition. The  intended acquisition did not satisfy the pre"conditions of solvency and commercial due diligence. 

03/09/2018

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

06/08/2018

The company lodges its Quarterly Activities and Cashflow Report June 2018 revised.

31/07/2018

The company lodges its Monthly Activities and Cashflow Report June 2018 revised.

31/07/2018

The company lodges its Quarterly Activities and Cashflows Report June 2018.

31/07/2018

The company lodges its Monthly Activities and Cashflows Report June 2018.

31/07/2018

The company lodges its Monthly Cashflows and Activities Report May 2018.

29/06/2018

The securities of Global Fortune Investment Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement.

13/06/2018

The securities of Global Fortune Investment Limited will be reinstated to official quotation from the commencement of trading tomorrow, 6 October 2017, following the release of the Company's annual report to shareholders.

05/10/2017

The company releases its Appendix 4G and Corporate Governance Statement.

05/10/2017

The company lodges its Annual Report to shareholders.

05/10/2017

The securities of the company will be suspended from official quotation from the commencement of trading today, 2 October 2017, following failure to lodge its full year accounts for the period ended 30 June 2017 in accordance with ASX listing rules.

02/10/2017

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    10/02/2016Weiliang LiuOn market175,000$0.320$56,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Eric LinManaging Director, CEO18/05/2015
    Raman BhallaCFO07/12/2016
    Andrew StonerIndependent Director30/05/2017
    Weiliang LiuDirector

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Songwei LiNon Exec Director22/06/201518/01/2019
    Kunchang LiNon Exec Director22/06/201514/01/2019
    Yuangping KuangNon Exec Director22/06/201514/01/2019
    Benjamin ChowNon Exec Director09/10/201531/05/2017
    Simon ChengNon Exec Director24/04/201509/05/2017
    Bo SituNon Exec Director22/06/201509/05/2017
    Anne AdaleyCFO23/10/201507/12/2016

    Date of first appointment, title may have changed.