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20 September 2024
| Name: | NETWORK FOODS LIMITED (NFO) |
| Date of Listing: | 05 January 1994 |
| Date of Delisting: | 09 February 2007 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 09 February 2007.Legal Status:
ACN: 006 648 380ABN: 30 006 648 380
Registration Date: 13 October 1986
Deregistration Date: 30 December 2010
Capital Gains Tax (CGT) Status:
This entity was deregistered on 30 December 2010. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail
company is deregistered and has ceased to exist | 30/12/2010 |
a Notification of Resignation or Removal of Administrator Under Deed of Company Arrangement is lodged with ASIC - so the company has emerged from administration | 21/09/2009 |
this is typical of companies that deListed recommends shareholders avoid "like the plague" - no reason was provided for its delisting from ASX and now the company is in administration - shareholders can wave goodbye to their investment - back in 2003 ASIC said "While making enquiries regarding Network Foods financial position, ASIC became concerned that the company may not have properly informed the market" ...... "release of its Appendix 4B Preliminary Final Report for the period ended 31 December 2002 showing a loss of $5,118,000 compared to a profit of $313,000 in 2001" | 17/08/2007 |
subsequent to the delisting from ASX this company was placed in administration | 29/06/2007 |
delisted at the request of the company | 09/02/2007 |
we are unable to ascertain what reasons the company provided for its request to ASX to be removed from listing - it is surprising that a company can delist and not be required to provide a reason or reasons | 09/02/2007 |
securities will be suspended from quotation at the close of trading on Thursday, 8 February 2007, at the request of the Company - it is intended the Company will be removed from the official list at the close of trading on Friday, 9 February 2007, under listing rule 17.11 at the request of the Company | 01/02/2007 |
shares reinstated to quotation | 17/10/2006 |
releases half yearly report and interim financial report to 30 June 2006 | 13/10/2006 |
announces the appointment of Mr Choung Yau CHAN as Director with effect from 14 September 2006 | 14/09/2006 |
shares suspended from quotation following failure to lodge half year report and accounts | 01/09/2006 |
the Company reports it has not been trading profitably in the first half of the year | 29/08/2006 |
company is deregistered and has ceased to exist | 30/12/2010 |
a Notification of Resignation or Removal of Administrator Under Deed of Company Arrangement is lodged with ASIC - so the company has emerged from administration | 21/09/2009 |
this is typical of companies that deListed recommends shareholders avoid "like the plague" - no reason was provided for its delisting from ASX and now the company is in administration - shareholders can wave goodbye to their investment - back in 2003 ASIC said "While making enquiries regarding Network Foods financial position, ASIC became concerned that the company may not have properly informed the market" ...... "release of its Appendix 4B Preliminary Final Report for the period ended 31 December 2002 showing a loss of $5,118,000 compared to a profit of $313,000 in 2001" | 17/08/2007 |
subsequent to the delisting from ASX this company was placed in administration | 29/06/2007 |
delisted at the request of the company | 09/02/2007 |
we are unable to ascertain what reasons the company provided for its request to ASX to be removed from listing - it is surprising that a company can delist and not be required to provide a reason or reasons | 09/02/2007 |
securities will be suspended from quotation at the close of trading on Thursday, 8 February 2007, at the request of the Company - it is intended the Company will be removed from the official list at the close of trading on Friday, 9 February 2007, under listing rule 17.11 at the request of the Company | 01/02/2007 |
shares reinstated to quotation | 17/10/2006 |
releases half yearly report and interim financial report to 30 June 2006 | 13/10/2006 |
announces the appointment of Mr Choung Yau CHAN as Director with effect from 14 September 2006 | 14/09/2006 |
shares suspended from quotation following failure to lodge half year report and accounts | 01/09/2006 |
the Company reports it has not been trading profitably in the first half of the year | 29/08/2006 |
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| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Kok Khet | Chairman | |
| Jaginder Pasricha | Non Exec Director | |
| Choung Chan | Director | |
| See Woon | Director | |
| Andrew Khoo | Director | |
| Gordon Alexander McRobert | Company Secretary |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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