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ASX Announcements (courtesy of ASX)


ASX, Legal & CGT Status


(updated at weekends)
Former (or subsequent) names
MULTIEMEDIA LIMITED15/08/200103/10/2006
MULTIEMEDIA.COM LIMITED09/09/199915/08/2001
Shareholder links
Our website ranking of NWT: rating 5
(5 out of 5)


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 details
Address: Level 4, 6 Riverside Quay, SOUTHBANK, VIC, AUSTRALIA, 3006
Tel:  (03) 9674 4644 Fax: (03) 9674 4655

Date first listed: 29/10/1987

Sector: Telecommunication Services
Industry Group: XTJ
Activities: Multimedia and internet activities

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued (this declaration was issued on 12 October 2015)


delisted from the close of trading on Monday, 31 August 2015 the company was removed from the Official List pursuant to Listing rule 17.15


we understand this entity did not pay its listing fees because it failed and is in liquidation


The following entity (Newsat Limited) has not paid their annual listing fees in respect of the year ending 30 June 2016 but the securities are already suspended from official quotation. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm AEST on Monday 31 August 2015 will be removed from the official list with effect from the close of trading on Monday 31 August 2015


Stephen James Parbery and Marcus Ayres appointed Liquidators


Te Jabiru-1 Launch Services Agreement was not assumed or assigned by the agreed deadline. On 4 August 2015 Arianespace notified Jabiru Satellite Limited that the LSA has been terminated with immediate effect. This termination notice has the effect of extinguishing NewSat's legal interest in the LSA.


The Receivers and Peter J Solomon Company are pleased to announce the sale of the assets of NewSat's teleport business to SpeedCast Australia Pty Limited ("SCA") on 10 July 2015.


The company provides a receivership and administration update on the proceedings and the termination of the Lockheed Martin Satellite Construction Contract


an update as to the progress of the receiverships and administrations is provided


Jason Preston and Matthew Caddy of McGrathNicol have been appointed joint and several Receivers and Managers ("Receivers"), and Stephen Parbery and Marcus Ayres of PPB Advisory have been appointed Voluntary Administrators ("Administrators") to NewSat Limited ("NewSat")" (ASX Code: NWT) by its secured creditors on 17 April 2015


further to the ASX Announcement, dated 8 April 2015 and by way of clarification, NewSat advises that the Company's former Chief Financial Officer and Company Secretary, Linda Dillon, decided to resign from her positions with NewSat in order to pursue other opportunities


releases a Corporate and Jabiru-1 Update


The securities of NewSat Limited (the "Company") will be suspended from quotation immediately, at the request of the Company pending the release of an announcement regarding developments in its ongoing negotiations in the US with its lenders for its Jabiru- 1 project financing. Security Code: NWT


The suspension of trading in the securities of NewSat Limited (the "Company") will be lifted immediately, following the release of an announcement relating to the Company finalising equity and mezzanine funding for its Jabiru-1 Satellite and the release of its prospectus dated 25 February 2013 (the "Prospectus"). For further information, please refer to the Prospectus. Security Code: NWT


NewSat Limited (ASX: NWT) ("NewSat" or "Company") refers to its previous announcements regarding its voluntary suspension and the ongoing negotiations for the funding of its Jabiru-1 satellite project. NewSat is pleased to announce that in addition to the US Ex-Im Bank approval for an amendment to the senior debt facility, NewSat has received an amended promesse de garantie from COFACE of US$108.4 million. The promesse de garantie will be used to back loans to NewSat in order to fund the building of the rocket by Arianespace. The US Ex-Im Bank approval and the promesse de garantie from COFACE are conditional on the Company raising the additional required funding via equity and mezzanine funding. Given the multi-faceted and interdependent nature of the financing negotiations, NewSat considers it appropriate for the voluntary suspension of its shares to continue until such negotiations have been finalised and the Prospectus issued. The Company is committed to finalising the negotiations with mezzanine debt and equity investors as soon as practicable in order to minimise the period in which the Company's shares remain in suspension. NewSat will next provide an update to the market on 15 February 2013, unless it is in a position to make an announcement before then.


NewSat continues to work diligently to finalise the Jabiru-1 satellite project and will inform the market as material announcements are required


The securities of NewSat Limited (the "Company") will be suspended from official quotation immediately, at the request of the Company, pending the release of an announcement by the Company. Security Code: NWT


we understand that on or about this date the company consolidated its shares 1 for 50


name changed from Multiemedia Limited

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Loading comments....  Most recent comments

I had shares in this - but now i cant find any record of the shares - if the company is delisted does that mean that shares just dont exist for this anymore - they have vanished (along with our money?)?

18/10/2022 21:53:10

NewSat was in partnership with Lockheed to launch Australia\'s first satellite. The plans seemed to be on target thought the price trended down over a few years from a high of about $10 from memory. I think the directors were genuinely enthusiastic about the company\'s prospects and would have suffered losses form the collapse. I heard that the reason for the company\'s demise was that the Chinese had hacked into the plans through a sub-contractor. When it was discovered NewSat folded and Lockheed took over. I haven\'t heard about the satellite, though. Can anyone cornfirm or correct that?




12/07/2021 16:23:59

That is why I gave up on Australian stocks...well, stocks in general, they run the companies for their own 2003 I started to trade FX and have never regretted it...cheers 

25/09/2017 22:11:55
everything about this company, directors and all related parties was fishy from day one. sorry shareholders, your money was all spent on expensive dinners and trips around the world.28/05/2015 22:28:36
Oh Oh! What's happening with NWT? My 10,000,000 shares can't be sold!?17/04/2015 17:56:04
Company Updates
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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    30/06/2014Ching Chiat KwongOn market96,112$0.275$26,431
    25/06/2014Charles AbbottOn market750,000$0.280$210,000
    25/06/2014Ching Chiat KwongOn market605,274$0.280$169,477
    24/06/2014Ching Chiat KwongOn market1,898,804$0.278$527,662
    18/06/2014Ching Chiat KwongOn market843,205$0.280$236,013

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    Richard GreenChairman27/08/2009
    Michael HewinsCOO26/06/2013
    Roderic SageIndependent Director13/08/2014
    Fred GrimwadeIndependent Director29/08/2014
    Patrick McVeighIndependent Director26/09/2014
    Ching Chiat KwongNon Exec Director11/07/2013
    Adrian BallintineDirector, CEO25/05/2005
    John McDonoughCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    Linda DillonCFO08/09/201402/04/2015
    Elwood EllisonDirector14/06/200229/08/2014
    William AbbottNon Exec Director24/10/201213/08/2014
    Charles AbbottAlternate Director18/03/201413/08/2014
    Brendan FleiterNon Exec Director04/09/201330/06/2014
    Mark FishwickDirector18/02/201030/06/2014
    Andrew PlymptonDirector18/02/201030/06/2014
    Adam ShapiroCFO11/04/200724/06/2013

    Date of first appointment, title may have changed.