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IPWORLD LIMITED (ASX.IPW)

ASX Announcements (courtesy of ASX)

2000200120022003

ASX, Legal & CGT Status
Former (or subsequent) names
CompanyFROMTO
IPWORLD LIMITED28/12/2000
AUSTRALIAN AUTHORISED INVESTMENTS LIMITED05/12/199128/12/2000
BORILLAR INVESTMENT LIMITED15/02/199005/12/1991
STENHOUSE SECURITIES LIMITED15/02/1990
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Company details



the company is deregistered today - it has ceased to exist

18/02/2008

the liquidators state they have not received any meaningful response from Mr Kerridge - they intend now to finalise the adminstration

01/02/2007

the liquidators have still not received the documentation that Mr Kerridge claimed to be able to deliver - they are still dealing with him via lawyers

31/10/2006

liquidator reports they have been unable to locate appropriate signed documentation - "Warwick Kerridge has been unable to produce it, despite his repeated assurances" - they are now moving to finalise the administration

13/06/2006

the liquidator reports that before the potential legal action is finalised, their lawyers are waiting to confer with a director of the company

15/02/2006

the liquidator reports that the legal advisor they were previously awaiting advice from is currently reviewing the available records of the company - the liquidator expects to receive advice as to the prospects of success of a legal action within the next month

10/10/2005

liquidators are still considering the possibilities of a legal action and also another opportunity in relation to the public company structure

09/02/2005

liquidator advises there has been no progress - they have briefed lawyers and are awaiting advice as to the options available

28/07/2004

the liquidator advises that directors have not progressed any further in respect of a deed of company arrangement - liquidators have now received further information in relation to arrangements with Globetel and are currently considering the alternatives available

14/05/2004

the company remains in liquidation, although we understand the directors are still attempting to structure a proposal for a Deed of Company Arrangement

18/02/2004

liquidator confirms no further developments - they are awaiting delivery of further accounting records

18/12/2003

liquidator confirms there have been no substantive developments since his appointment - the directors of the company have indicated that they intend to stay the winding up but have not achieved this despite many emails and telephone conversations to date - the liquidator has taken possession of certain books and records of the company which are regarded as inadequate - further action is contemplated in this regard - (what a mess and what about the failure on the part of directors to keep shareholders informed)

21/10/2003

seeking an update of developments

26/09/2003

delisted following failure to pay annual listing fee

01/09/2003

the company has not paid its annual listing fee - it will be removed from the official list on 1 September 2003 if it does not pay the fee by Friday Aug 29

25/08/2003

Scott Pascoe of Sims Partners apparently appointed liquidator, a development one would have thought merited an announcement to the market

20/08/2003

the company failed to lodge its half yearly financial statements on time and ASIC has taken action to prevent the company from using the limited disclosure regime when raising money

17/07/2003

name changed from Australian Authorised Investments Limited

28/12/2000
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    Directors' on-market share transactions (last 5)

     

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