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RECRUITERS AUSTRALIA LIMITED (RAL)

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(updated at weekends)
1999 2000 2001   ALL

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OFX Transferring Money Internationally to Free

delisted following failure to pay its annual listing fee

31/08/2004

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

15/03/2004

creditors resolve to put the company in to liquidation - Scott Kershaw of KPMG is appointed liquidator

18/12/2003

administrator advises he has received a further expression of interest to restructure the company and has granted the interested party a 3 month exclusive dealing period - he expects to make a further announcement in October

11/08/2003

there are apparently two proposals from prospective purchasers who want to use RAL as a listing vehicle - these are still being considered

14/07/2003

we understand the company has not gone in to liquidation as there is evidently some possibility of utilising the shell for a recapitalisation of the company - we would expect that if this proceeds there would be notification to the market over the next two to three months

21/05/2003

administrator advises that he has received notice that the interested party does not intend to proceed with the restructure proposal and therefore it is the intention to put the company into liquidation shortly

21/03/2003

deed administrator advises that he has received an expression of interest in restructuring the company and that the current options are to restructure or to proceed into liquidation shortly with no return to unsecured creditors (and in that event nor to shareholders)

05/03/2003

advice that the rights issue and placement that the company intended to complete in the period up until 29 January 2003 (the lapsing of the approval given by shareholders on 29 October 2002) did not proceed and no funds were raised under the placement

30/01/2003

it would be of benefit to shareholders if the Deed Administrator were to release a one page summary of where the administration is at and what plans there are for the company - arguably this would be more useful than 194 pages of history

12/10/2002

a swag (194 pages) of periodic reports covering the period 30/6/01 to 30/6/02 lodged with ASX

11/10/2002

resolves to amend DOCA

28/02/2002

Deed Administrator notified by St Arnau Ltd that it would not be able to complete

05/12/2001

enters into Deed of Company Arrangement with St Arnou Ltd

01/08/2001

resolves to enter into Deed of Company Arrangement with St Arnou Ltd

11/07/2001

Adecco Group advise it has acquired Management Recruiters Aust & Temps & Co from company

21/05/2001

administrator advises Industrial Recruiters Australia sold to Challenge Recruitment Australia P/L

16/05/2001

administrator advises Watermark Intl Consulting business sold to a consortium of senior management

16/05/2001

administrator advises of heads of agreement for sale of Watermark Intl Consulting in NSW

04/05/2001

administrator advises RAL will continue to trade while various operating businesses are sold

04/05/2001

S Kershaw of KPMG appointed voluntary administrator

04/05/2001

suspension from quotation on ASX

04/05/2001

 

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    Directors' on-market share transactions (last 5)

     

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