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ASX, Legal & CGT Status


(updated at weekends)

Former (or subsequent) names

AUSTRIM NYLEX LIMITED04/11/199912/12/2003

Shareholder links

Our website ranking of NLX: rating 2
(2 out of 5)


Computershare, 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: 50 - 70 Stanley Drive , SOMERTON , VIC, AUSTRALIA, 3062
Tel:  (03) 9303 1444 Fax: (03) 9303 1481

Date first listed: 09/10/1987
Company Secretary: Mr George Georges and Mr John Lindholm of Ferrier Hodgson
Sector: Capital Goods
Industry Group: XNJ
Activities: Marketer and manufacturer with two major divisions - Consumer (supplier of a broad range of Garden, Hardware and Houseware products) and Industrial Products (Films & Fabrics, Materials Handling and Automotive)

company deregistered today


a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued


the terms of the deed of company arrangement were not fulfilled and creditors appoint liquidators


delisted as entity has failed to pay to ASX Limited their annual listing fee in respect of year ending June 2011


a Deed of Company Arrangement ("DOCA") was executed by the Administrators of the Company, Trident Capital Pty Ltd and the Company - the DOCA encapsulates the proposal approved by resolution of the Company's creditors at a meeting held on 15 September 2009 - the proposal allows for the recapitalisation and re- instatement of the Company's securities for quotation on the ASX subject to a number of conditions - the existing shares of the Company to be consolidated on a 1 for 3 basis and then diluted by the issue of no less than 200,000,000 shares at 1 cent each by public offering - in addition, 100,000,000 shares to be issued to the Proponent at 0.5 cents each (the effectuation of the DOCA is expected to occur no later than 31 March 2010 unless varied by agreement and approved by creditors)


ASIC grants relief from preparing and lodging audited financial reports for the financial year ended 30 June 2009 and each financial year, and each half-year, ending after 1 July 2009 and before the earlier of the end of the administration or the time when the Administrator reasonably forms the opinion that the members have an ongoing economic interest in the Company


at the second creditors meeting held on 15 September 2009, creditors elected that Nylex Limited execute a Deed of Company Arrangement to enable the recapitalization of the corporate shell to take place


an agreement has been executed to sell the Nylex garden business


an agreement has been executed to sell the materials handling business


an agreement has been executed to sell the water tanks business


receivers say they have executed agreements to sell Senco and One Shot businesses and they are about to sell others


the company will not be paying interest due on the convertible notes


the securities of Nylex Limited (the "Company") will be suspended immediately, following the appointment of Colin Nicol, Johan Vorster and Sam Davies of McGrathNicol as receivers and managers


the company today appointed Mr George Georges and Mr John Lindholm of Ferrier Hodgson as Voluntary Administrators


the suspension of trading in the securities of Nylex Holdings Limited will be lifted immediately, following receipt of its full year statutory accounts for the period ended 30 June 2008


securities suspended from quotation following failure to lodge financial statements for the period to 30 June 2008


we understand that on or about this date the company consolidated its shares 1 for 40


name changed from Austrim Nylex Limited


ASX Announcements (courtesy of ASX)


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Loading comments....  Most recent comments

?i brought 5 grand in nylrex shares n i havent heard anything since i've been ripped off havent i

18/10/2015 09:52:33
according to the anz bank nylex was owned by huon corp is this true louise.webb99@gmail.com03/05/2014 01:49:22
was the factory at 300 frankston/dany road liquidated by nylex or huon17/03/2014 13:09:13
My elderly friend Donald McKendrick was asking me how does he find out about shares he was given years ago when he worked for Nylex in South Australia. Can you please give me some ideas how we can go about starting to find out his claim

Thanks in advance

Jeff Nield
06/03/2013 10:33:12

Company Updates

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    Directors' on-market share transactions (last 5)


    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    John NichollsExecutive Chairman, CEO18/12/2006
    Peter WhiteCFO
    Suresh WithanaDirector18/12/2006

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Peter GeorgeNon Exec Director15/06/200429/01/2009
    Ian FraserNon Exec Director18/12/200618/12/2008
    Terrence FrancisNon Exec Director25/11/2008
    Brian O'DonnellNon Exec Director31/08/2007

    Date of first appointment, title may have changed.