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15 September 2024
| Name: | QUIKTRAK NETWORKS LIMITED (QTK) | ||||||
| Date of Listing: | 15 May 1969 | ||||||
| Date of Delisting: | 17 September 2008 | ||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 17 September 2008.Legal Status:
ACN: 008 718 867ABN: 44 008 718 867
Registration Date: 14 March 1969
Deregistration Date: 15 January 2012
Capital Gains Tax (CGT) Status:
This entity was deregistered on 15 January 2012. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.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 | FROM | TO |
|---|---|---|
| QUIKTRAK NETWORKS LIMITED | 12/07/1995 | |
| LENNARD OIL NL | 12/07/1995 |
REGISTRY:
Security Transfer Australia Pty Ltd
No longer operating
company deregistered 15/01/2012 | 15/01/2012 |
a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued | 28/06/2010 |
we are advised of a new company Vix Quiktrak Pty. Ltd. (ABN: 21 133 593 165) at Unit 22, 25-39 Higginbotham Road, Gladesville, NSW, Australia 2111 Telephone: 1300 885 461 and Fax: 1300 885 471 Email: info@quiktrak.com.au - apparently the QuikTrak network is now up and running under the new ownership of Vix QuikTrak Pty. Ltd - we are informed this new (private) company has the same directors as Quiktrak Networks | 12/10/2009 |
we find the following on a forum site - none of it was ever reported to the ASX or to the loyal shareholders of Quiktrak - "the old owner of Quiktrak, Multitrak Pty Ltd was placed into administration in September 2008 - all of its Australian assets were bought back by Vix Quiktrak Pty Ltd which is owned jointly by Dead Guppy Pty Ltd (Pallister Family Trust) and Vix Technology Pty Ltd (Duncan Saville of Utilico) - the previous company had a lot of financial drain due its expansion overseas, this is no longer a factor for Vix Quiktrak which only acquired the companies (sic) Australian assets - Vix Quiktrak have already upgraded and re commissioned the NSW network which is fully operational" | 12/10/2009 |
we would be interested to know how the Administrators of MultiTrak Pty Ltd ended up spinning off its assets to directors of Quiktrak but not the owners (ie. the shareholders who suffered a complete loss of their investment) | 12/10/2009 |
a "Court Order to Wind Up a Company And Appoint a Liquidator" is lodged with ASIC | 23/09/2009 |
a "Notification of Appointment of Liquidator By The Court" is lodged with ASIC | 18/09/2009 |
a Notification of Application to Wind Up Company Under S. 459p, 462 or 464 is lodged with ASIC | 05/06/2009 |
appears the company has changed the address of its registered office (if anyone has contact details we would appreciate them to admin@delisted.com.au) | 06/01/2009 |
a "Notification of Dismissal of Application For Winding Up Order" is lodged with ASIC | 22/12/2008 |
this is typical of the messages we are getting from shareholders "I have tried to log onto their website but that is now closed. I tried to call their office, but the phone has been disconnected....doesnt look good. I just dont know where to go to now for help" | 04/10/2008 |
there was no warning from the following people that QTK was about to be delisted from ASX: Andrew Unterweger, Peter French, Mark Pallister, Philip Penman and Wayne Wanders - in our view that is inexcusable - it is no way to treat loyal shareholders - we note further that the Quiktrak website is no longer operating and the company's telephone is disconnected - so how does the company now propose to keep its shareholders informed of its strategy to discontinue its R & D operations in Australia and focus on the commercial deployment of its existing 3G products and technology in international markets - and what steps is it taking, if any, to have its shares reinstated to quotation? | 01/10/2008 |
delisted following failure to pay the annual listing fee | 17/09/2008 |
the Board of Directors of QuikTrak Networks Ltd (ASX:QTK) announces that at their most recent strategy review the Board confirmed their strategy for QuikTrak to focus on the commercial deployment of its existing 3G products and technology in international markets, and in South Africa in particular - the company is to spin off its R & D operations in Australia | 12/09/2008 |
securities suspended from quotation pending the outcome of discussions with noteholders | 18/08/2008 |
shares reinstated to quotation | 17/11/2005 |
Mr Mark Pallister resigns as Managing Director and Chief Executive Officer - we note the Australian Securities and Investments Commission last week charged him with fraud - the charges related to dealings between one of Mr Pallister's private companies and a partnership in which it was involved, but did not involve QuikTrak | 15/11/2005 |
shares suspended from quotation pending release of an announcement | 14/11/2005 |
shares reinstated to quotation following the capital raising | 10/08/2005 |
resolutions to issue shares to Mark Pallister and to Multi-Trak Limited were passed at today's general meeting | 22/07/2005 |
calls general meeting for 22 July 2005 - among other things a capital issue to the new owners is planned | 17/06/2005 |
we understand that on or about this date the company consolidated its shares 1 for 100 | 08/06/2005 |
last release to the market for this listed company occurred more than 9 months ago!! | 28/04/2005 |
we are informed the business is definitely sold, creditors are shortly to be paid a dividend but it is unlikely there will be a return to shareholders - nothing much seems to be happening with the shell | 02/03/2005 |
the QuikTrak business has been acquired by Multi-Trak Ltd - this includes the "entire QuikTrak business including; networks in Queensland, New South Wales, Victoria and our Research and Development office in Adelaide" - no mention of the corporate structure!! - Multi -Trak is a 100% Australian company, providing intelligent monitoring solutions - incredibly there has been no announcement of this to the market | 30/09/2004 |
we understand the business has been sold - there is only a shell left - there are no present plans to recapitalise the company - shareholders are unlikely to receive a return | 08/09/2004 |
Deed of Company Arrangement executed | 25/08/2004 |
administrators advise second creditors meeting to be held on 28 July - a Deed of Company Arrangement has been proposed by the directors of the Quitrak group of companies | 23/07/2004 |
the consolidation of the company's capital and options on a 1 for 100 basis will occur on 15 June 2004 | 03/06/2004 |
J Lord and J Morgan of PKF Chartered Accountants appointed administrators and meeting of creditors called for May 17 | 11/05/2004 |
securities suspended pending an announcement to the market | 06/05/2004 |
name changed from Lennard Oil NL | 12/07/1995 |
company deregistered 15/01/2012 | 15/01/2012 |
a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued | 28/06/2010 |
we are advised of a new company Vix Quiktrak Pty. Ltd. (ABN: 21 133 593 165) at Unit 22, 25-39 Higginbotham Road, Gladesville, NSW, Australia 2111 Telephone: 1300 885 461 and Fax: 1300 885 471 Email: info@quiktrak.com.au - apparently the QuikTrak network is now up and running under the new ownership of Vix QuikTrak Pty. Ltd - we are informed this new (private) company has the same directors as Quiktrak Networks | 12/10/2009 |
we find the following on a forum site - none of it was ever reported to the ASX or to the loyal shareholders of Quiktrak - "the old owner of Quiktrak, Multitrak Pty Ltd was placed into administration in September 2008 - all of its Australian assets were bought back by Vix Quiktrak Pty Ltd which is owned jointly by Dead Guppy Pty Ltd (Pallister Family Trust) and Vix Technology Pty Ltd (Duncan Saville of Utilico) - the previous company had a lot of financial drain due its expansion overseas, this is no longer a factor for Vix Quiktrak which only acquired the companies (sic) Australian assets - Vix Quiktrak have already upgraded and re commissioned the NSW network which is fully operational" | 12/10/2009 |
we would be interested to know how the Administrators of MultiTrak Pty Ltd ended up spinning off its assets to directors of Quiktrak but not the owners (ie. the shareholders who suffered a complete loss of their investment) | 12/10/2009 |
a "Court Order to Wind Up a Company And Appoint a Liquidator" is lodged with ASIC | 23/09/2009 |
a "Notification of Appointment of Liquidator By The Court" is lodged with ASIC | 18/09/2009 |
a Notification of Application to Wind Up Company Under S. 459p, 462 or 464 is lodged with ASIC | 05/06/2009 |
appears the company has changed the address of its registered office (if anyone has contact details we would appreciate them to admin@delisted.com.au) | 06/01/2009 |
a "Notification of Dismissal of Application For Winding Up Order" is lodged with ASIC | 22/12/2008 |
this is typical of the messages we are getting from shareholders "I have tried to log onto their website but that is now closed. I tried to call their office, but the phone has been disconnected....doesnt look good. I just dont know where to go to now for help" | 04/10/2008 |
there was no warning from the following people that QTK was about to be delisted from ASX: Andrew Unterweger, Peter French, Mark Pallister, Philip Penman and Wayne Wanders - in our view that is inexcusable - it is no way to treat loyal shareholders - we note further that the Quiktrak website is no longer operating and the company's telephone is disconnected - so how does the company now propose to keep its shareholders informed of its strategy to discontinue its R & D operations in Australia and focus on the commercial deployment of its existing 3G products and technology in international markets - and what steps is it taking, if any, to have its shares reinstated to quotation? | 01/10/2008 |
delisted following failure to pay the annual listing fee | 17/09/2008 |
the Board of Directors of QuikTrak Networks Ltd (ASX:QTK) announces that at their most recent strategy review the Board confirmed their strategy for QuikTrak to focus on the commercial deployment of its existing 3G products and technology in international markets, and in South Africa in particular - the company is to spin off its R & D operations in Australia | 12/09/2008 |
securities suspended from quotation pending the outcome of discussions with noteholders | 18/08/2008 |
shares reinstated to quotation | 17/11/2005 |
Mr Mark Pallister resigns as Managing Director and Chief Executive Officer - we note the Australian Securities and Investments Commission last week charged him with fraud - the charges related to dealings between one of Mr Pallister's private companies and a partnership in which it was involved, but did not involve QuikTrak | 15/11/2005 |
shares suspended from quotation pending release of an announcement | 14/11/2005 |
shares reinstated to quotation following the capital raising | 10/08/2005 |
resolutions to issue shares to Mark Pallister and to Multi-Trak Limited were passed at today's general meeting | 22/07/2005 |
calls general meeting for 22 July 2005 - among other things a capital issue to the new owners is planned | 17/06/2005 |
we understand that on or about this date the company consolidated its shares 1 for 100 | 08/06/2005 |
last release to the market for this listed company occurred more than 9 months ago!! | 28/04/2005 |
we are informed the business is definitely sold, creditors are shortly to be paid a dividend but it is unlikely there will be a return to shareholders - nothing much seems to be happening with the shell | 02/03/2005 |
the QuikTrak business has been acquired by Multi-Trak Ltd - this includes the "entire QuikTrak business including; networks in Queensland, New South Wales, Victoria and our Research and Development office in Adelaide" - no mention of the corporate structure!! - Multi -Trak is a 100% Australian company, providing intelligent monitoring solutions - incredibly there has been no announcement of this to the market | 30/09/2004 |
we understand the business has been sold - there is only a shell left - there are no present plans to recapitalise the company - shareholders are unlikely to receive a return | 08/09/2004 |
Deed of Company Arrangement executed | 25/08/2004 |
administrators advise second creditors meeting to be held on 28 July - a Deed of Company Arrangement has been proposed by the directors of the Quitrak group of companies | 23/07/2004 |
the consolidation of the company's capital and options on a 1 for 100 basis will occur on 15 June 2004 | 03/06/2004 |
J Lord and J Morgan of PKF Chartered Accountants appointed administrators and meeting of creditors called for May 17 | 11/05/2004 |
securities suspended pending an announcement to the market | 06/05/2004 |
name changed from Lennard Oil NL | 12/07/1995 |
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I have shares in Quiktrak are they worth anything? | 27/09/2022 20:38:31 |
Company is deregistered and no longer exists - shares are worthless Would be good to get an answer on whether Quicktrack Networks Ltd are worth anything. | 24/08/2020 14:44:39 |
Why. Wasn\'t I notified that the company was delisted or anything else regarding what was going on. | 09/02/2019 13:19:33 |
I have shares in quiktrak are they worth anything ? i see that the. Company was sold so what happened to the shareholders shares | 09/02/2019 13:16:36 |
I have shares in Quiktrak are they worth anything? | 15/02/2018 21:22:40 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Andrew Unterweger | Non Exec Chairman | |
| Mark Pallister | CEO | |
| Bernard Hui | CFO | |
| Peter French | Non Exec Director | |
| Philip Penman | Non Exec Director | |
| Wayne Wanders | Company Secretary |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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