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16 September 2024
Name: | PHOENIX TECHNOLOGY CORPORATION LIMITED (PTL) |
Date of Delisting: | 30 August 2002 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 30 August 2002.Legal Status:
ACN: 065 190 392ABN: 46 065 190 392
Registration Date: 17 June 1994
Deregistration Date: 21 April 2006
Capital Gains Tax (CGT) Status:
This entity was deregistered on 21 April 2006. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
company is deregistered (see note at the foot of this page) | 21/04/2006 |
strike-off action is in progress | 08/03/2006 |
liquidator advises that he has completed his obligations and is about to retire - the company will be deregistered | 31/01/2006 |
at a creditors meeting today, creditors express an interest in identifying parties who may be prepared to take on the future development of the company's assets | 22/09/2003 |
shareholders can choose to claim their capital loss in the income year 2002/03 as a liquidators declaration has been issued (see entry below for 11/06/2003) | 23/06/2003 |
a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued | 11/06/2003 |
seeking update | 01/05/2003 |
liquidator advises he is currently undertaking investigations into the affairs of the company with a view to reporting to ASIC, creditors and shareholders - he anticipates that this report will be available within 6 - 8 weeks | 27/02/2003 |
liquidator reports he has only realised minimal assets and it is unlikely that creditors will receive any distribution - however, a director of the company is attempting to put together a package of assets to sell which would result in the company receiving some funds | 26/02/2003 |
company to be wound up after expiration of an 8 day stay ordered by the court so that the directors of the company could seek to overturn winding up order - ASIC applied to have company wound up after it failed to make the payments required by 12 Nov 01 - see 02/07/01 below | 03/09/2002 |
PM Walker of Ferrier Hodgson appointed liquidator | 03/09/2002 |
delisted due to failure to pay annual listing fee | 30/08/2002 |
shareholders advised that deal with Nexis still not completed and also that company has successfully resisted efforts by ASIC to have PTL wound up | 29/07/2002 |
shareholders vote to accept the Letter Of Offer from Nexis Holdings to buy the current assets and intellectual property of the company for $20m | 25/01/2002 |
EGM called to consider offer from Nexis Holdings Ltd to buy the current assets and intellectual property of the company | 12/12/2001 |
securities suspended from quotation due to on-going negotiations concerning funding of the company and its first plant in China | 23/08/2001 |
company ordered by the Supreme Court of New South Wales to make an offer to certain shareholders enabling them to obtain a refund of the money they paid for their shares - payments to be made by 12 Nov 01 | 02/07/2001 |
company gives undertakings to the Supreme Court of New South Wales that it would not raise funds in contravention of the Corporations Law | 09/04/2001 |
trading halt following ASIC concerns regarding Phoenix's release to the market on 7 March 2001 which enclosed a valuation of its intellectual property | 12/03/2001 |
company is deregistered (see note at the foot of this page) | 21/04/2006 |
strike-off action is in progress | 08/03/2006 |
liquidator advises that he has completed his obligations and is about to retire - the company will be deregistered | 31/01/2006 |
at a creditors meeting today, creditors express an interest in identifying parties who may be prepared to take on the future development of the company's assets | 22/09/2003 |
shareholders can choose to claim their capital loss in the income year 2002/03 as a liquidators declaration has been issued (see entry below for 11/06/2003) | 23/06/2003 |
a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued | 11/06/2003 |
seeking update | 01/05/2003 |
liquidator advises he is currently undertaking investigations into the affairs of the company with a view to reporting to ASIC, creditors and shareholders - he anticipates that this report will be available within 6 - 8 weeks | 27/02/2003 |
liquidator reports he has only realised minimal assets and it is unlikely that creditors will receive any distribution - however, a director of the company is attempting to put together a package of assets to sell which would result in the company receiving some funds | 26/02/2003 |
company to be wound up after expiration of an 8 day stay ordered by the court so that the directors of the company could seek to overturn winding up order - ASIC applied to have company wound up after it failed to make the payments required by 12 Nov 01 - see 02/07/01 below | 03/09/2002 |
PM Walker of Ferrier Hodgson appointed liquidator | 03/09/2002 |
delisted due to failure to pay annual listing fee | 30/08/2002 |
shareholders advised that deal with Nexis still not completed and also that company has successfully resisted efforts by ASIC to have PTL wound up | 29/07/2002 |
shareholders vote to accept the Letter Of Offer from Nexis Holdings to buy the current assets and intellectual property of the company for $20m | 25/01/2002 |
EGM called to consider offer from Nexis Holdings Ltd to buy the current assets and intellectual property of the company | 12/12/2001 |
securities suspended from quotation due to on-going negotiations concerning funding of the company and its first plant in China | 23/08/2001 |
company ordered by the Supreme Court of New South Wales to make an offer to certain shareholders enabling them to obtain a refund of the money they paid for their shares - payments to be made by 12 Nov 01 | 02/07/2001 |
company gives undertakings to the Supreme Court of New South Wales that it would not raise funds in contravention of the Corporations Law | 09/04/2001 |
trading halt following ASIC concerns regarding Phoenix's release to the market on 7 March 2001 which enclosed a valuation of its intellectual property | 12/03/2001 |
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