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10 October 2024
Name: | PLANAR SEMICONDUCTOR INC (PLN) |
Date of Delisting: | 29 August 2005 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 29 August 2005.Legal Status:
ACN: 094 730 168
Registration Date: 11 October 2000
Deregistration Date: 31 January 2006
Capital Gains Tax (CGT) Status:
This entity was deregistered on 31 January 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
this company was deregistered in Australia today and has therefore ceased to exist here - the stock trades on the Hamburg Stock Exchange under the symbol: PSC. | 31/01/2006 |
we are informed that a "shareholder disclosure" is being prepared and will be circulated to shareholders via their registered address | 10/10/2005 |
delisted because of failure to pay its listing fees for 2005/06 | 29/08/2005 |
company releases a letter to shareholders - rarely do we express an opinion on market announcements but we have reservations when it says, for example: "the company has been able to assemble a highly credentialed team with a wealth of experience from a number of tier one semiconductor companies. An industry recognized Patent Consulting Group in San Carlos, California has been engaged to support the team in crystallizing value through building and developing a robust patent portfolio around the Company's technology and know-how" - the release goes on to say "this will be the Company's final public announcement via the ASX. On Monday 29 September the Company will be removed from the ASX Official List" - the primary point of contact for Australian shareholders according to the release is robert.hyndes@planar-semi.com | 26/08/2005 |
what about a progress report from the company or from the consultant Robert Hyndes?? | 11/07/2005 |
a consultant to the company writes "it has become apparent that in order for the Company to obtain sustainable orders for equipment, continue to develop the technology to match changing market needs and survive industry cycles, Planar would need to be financially strong with the ability to access funds on a near continuous basis from a market that is experienced in valuing the space in which Planar operates" - he is going to "continue to work together with Rob Randhawa, the TAB and SiVal to identify and execute the best strategy to provide a return to stakeholders" | 18/03/2005 |
we note that on its website Planar shows a current share price for AUS:PLN of $AUS 0.19 - this company's shares have been suspended for almost two years (since 31 March 2003) | 24/01/2005 |
we have been seeking an update from chairman Randhowa since 9 September 2004 | 24/01/2005 |
progress report on activities and capital raising | 01/04/2004 |
company provides an update of developments | 15/01/2004 |
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 |
shares suspended from quotation | 31/03/2003 |
this company was deregistered in Australia today and has therefore ceased to exist here - the stock trades on the Hamburg Stock Exchange under the symbol: PSC. | 31/01/2006 |
we are informed that a "shareholder disclosure" is being prepared and will be circulated to shareholders via their registered address | 10/10/2005 |
delisted because of failure to pay its listing fees for 2005/06 | 29/08/2005 |
company releases a letter to shareholders - rarely do we express an opinion on market announcements but we have reservations when it says, for example: "the company has been able to assemble a highly credentialed team with a wealth of experience from a number of tier one semiconductor companies. An industry recognized Patent Consulting Group in San Carlos, California has been engaged to support the team in crystallizing value through building and developing a robust patent portfolio around the Company's technology and know-how" - the release goes on to say "this will be the Company's final public announcement via the ASX. On Monday 29 September the Company will be removed from the ASX Official List" - the primary point of contact for Australian shareholders according to the release is robert.hyndes@planar-semi.com | 26/08/2005 |
what about a progress report from the company or from the consultant Robert Hyndes?? | 11/07/2005 |
a consultant to the company writes "it has become apparent that in order for the Company to obtain sustainable orders for equipment, continue to develop the technology to match changing market needs and survive industry cycles, Planar would need to be financially strong with the ability to access funds on a near continuous basis from a market that is experienced in valuing the space in which Planar operates" - he is going to "continue to work together with Rob Randhawa, the TAB and SiVal to identify and execute the best strategy to provide a return to stakeholders" | 18/03/2005 |
we note that on its website Planar shows a current share price for AUS:PLN of $AUS 0.19 - this company's shares have been suspended for almost two years (since 31 March 2003) | 24/01/2005 |
we have been seeking an update from chairman Randhowa since 9 September 2004 | 24/01/2005 |
progress report on activities and capital raising | 01/04/2004 |
company provides an update of developments | 15/01/2004 |
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 |
shares suspended from quotation | 31/03/2003 |
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