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16 September 2024
| Name: | SIMS GROUP LIMITED (SMS) | ||||||
| Date of Delisting: | 18 November 2005 | ||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 18 November 2005.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
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 |
|---|---|---|
| SIMS GROUP LIMITED | 05/02/2003 | |
| SIMSMETAL LIMITED | 05/02/2003 |
we understand Sims Group Limited (SMS) and Hugo Neu Corporation, a private US company, merged to form a new company also now called Sims Group Limited, trading on ASX as SGM - the merger was effected by way of a Scheme of Arrangement - Sims Group shareholders hold a 74% collective shareholding in the new company (SGM) and Hugo Neu Corporation hold a 26% shareholding, becoming the company's largest shareholder - Sims Group Limited (SMS) shareholders ended up with one Sims Group Limited (SGM) share for each Sims Group Limited (SMS) share they originally held | 18/11/2005 |
delisted as from the close of trading on Friday, 18 November 2005, at the request of the Company, under listing rule 17.11 following completion of the scheme of arrangement between the Company and Sims Co Limited (renamed Sims Group Limited, ASX Code: SGM) | 18/11/2005 |
releases first quarter results which are in line with expectations | 21/10/2005 |
shares suspended from quotation following lodgement with ASIC of orders approving the company's share scheme of arrangement - this involves the merger between Sims Group Limited and the recycling operations of Hugo Neu Corporation | 20/10/2005 |
name changed from Simsmetal Limited | 05/02/2003 |
we understand Sims Group Limited (SMS) and Hugo Neu Corporation, a private US company, merged to form a new company also now called Sims Group Limited, trading on ASX as SGM - the merger was effected by way of a Scheme of Arrangement - Sims Group shareholders hold a 74% collective shareholding in the new company (SGM) and Hugo Neu Corporation hold a 26% shareholding, becoming the company's largest shareholder - Sims Group Limited (SMS) shareholders ended up with one Sims Group Limited (SGM) share for each Sims Group Limited (SMS) share they originally held | 18/11/2005 |
delisted as from the close of trading on Friday, 18 November 2005, at the request of the Company, under listing rule 17.11 following completion of the scheme of arrangement between the Company and Sims Co Limited (renamed Sims Group Limited, ASX Code: SGM) | 18/11/2005 |
releases first quarter results which are in line with expectations | 21/10/2005 |
shares suspended from quotation following lodgement with ASIC of orders approving the company's share scheme of arrangement - this involves the merger between Sims Group Limited and the recycling operations of Hugo Neu Corporation | 20/10/2005 |
name changed from Simsmetal Limited | 05/02/2003 |
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