deListed Australia
 
SEARCH LISTED OR DELISTED COMPANY
Any AUS or NZ company

Browse Australian delisted companies

0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Browse terminated Australian managed funds

0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
SEARCH PRIVATE COMPANY
SEARCH FUNDS

Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:

SINO AUSTRALIA OIL & GAS LIMITED (ASX.SAO)

ASX Announcements (courtesy of ASX)

2013201420152016

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
2013 2014   ALL
Former (or subsequent) names

 

Shareholder links
Our website ranking of SAO: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Security Transfer Australia Pty Ltd
No longer operating

Company details
Address: C\- NKH Pty Ltd, Level 2, Spectrum, 100 Railway Road SUBIACO WA 6008
Tel:  (08) 9367 8133 Fax: (08) 9367 8812

Date first listed: 12/12/2013
Company Secretary: Eryn Kestel

Sector: Energy
Industry Group: XEJ
Activities: Providing enhanced oil recovery services for oil and gas well companies in China through its wholly owned subsidiary Zhaodong Huaying Drilling Company

company is deregistered today

16/07/2022

delisted from the close of trading on Monday, 29 August 2016 pursuant to Listing rule 17.15.

29/08/2016

we understand the company failed and was delisted because it did not pay its annual ASX listing fee

29/08/2016

Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 22 August 2016 will have its securities suspended from official quotation before the commencement of trading on Tuesday 23 August 2016. The company has not paid its annual listing fees in respect of the year ending 30 June 2017 but the securities are already suspended from official quotation.

23/08/2016

The liquidator provides an update on the progress of the liquidation - engaged the services of KLC Kennic Lui & Co to conduct a sales campaign for the assets and/or shares in the company's hong kong and chinese-based subsidiaries. The sales campaign had been unsuccessful; filed an application for compensation of loss against Mr. Tianpeng Shao. This application is being heard concurrently with the ASIC claim against Mr. Shao for various breaches. Once judgment has been handed down in relation to this claim, liquidator intends to make an application to the court to elevate the status of shareholders and to creditors for the purposes of receiving a dividend.

25/07/2016

The liquidator provides an update on the company's liquidation status.

01/04/2016

As previously advised, the Court hearing to determine the future of the Company had taken place on Thursday 18 February 2016 with her Honour reserving judgement. Her Honour ruled today that the Company be wound up on just and equitable grounds pursuant to Section 461(1)(k) of the Corporations Act 2001 and that Peter McCluskey will be appointed as Liquidator of the Company.

04/03/2016

As previously advised, the Court hearing to determine the future of the Company had been re-listed to Thursday 18 February 2016. This winding up hearing took place today as scheduled, with Her Honour reserving judgement.

19/02/2016

As previously advised, the Court hearing to determine the future of the Company had been adjourned to 12 February 2016. However, due to Her Honour being unavailable for the hearing, the hearing has been re-listed to be heard on Thursday 18 February 2016.

15/02/2016

As previously advised, the Court hearing to determine the future of the Company was adjourned to 5 February 2016. Prior to the commencement of the adjourned hearing, ASIC requested the winding up application be heard over a halfday period. The Court accepted ASIC's request and accordingly, the hearing has been re-scheduled to Friday 12 February 2016.

05/02/2016

ASIC extended the period for which the Company must hold its 2015 AGM until 4 July 2016.

15/01/2016

Further to the ASX Announcement dated 8 December 2015, Minera Gold Limited (ASX:MIZ) (Subject to Deed of Company Arrangement) (the Company) wishes to advise that at the meeting of the Company's creditors held on Tuesday, 15 December 2015, creditors resolved to adjourn the meeting for up to 29 business days (i.e. up to 31 January 2016) in anticipation of receiving a new DOCA proposal.

16/12/2015

As previously advised, the Court hearing to determine the future of the Company was adjourned to 14 December 2015. At the hearing on 14 December 2015, the Australian Securities and Investments Commission (ASIC) applied to the Federal Court of Australia for a further extension. The Federal Court accepted ASIC's application and adjourned the hearing until 5 February 2016.

15/12/2015

The provisional liquidator announces that at the hearing on 20 November 2015, ASIC applied to the Federal Court of Australia to adjourn the hearing to determine the future of the company for a further 3 weeks.The Federal Court accepted ASIC's application, and accordingly, the provisional liquidator will continue to act as such in his capacity until the adjourned hearing which is scheduled for 14 December 2015.

24/11/2015

As previously advised, the Court hearing to determine the future of the Company, was scheduled for 16 October 2015. At this hearing, the Australian Securities and Investments Commission (ASIC) applied to the Federal Court of Australia to adjourn the hearing for a period of one month. The Federal Court accepted ASIC's application.

19/10/2015

The company's application for relief from financial reporting and holding its AGM has been granted by ASIC.

24/07/2015

Peter McCluskey was appointed as Provisional Liquidator of the Company on Thursday, 21 May 2015 pursuant to an Order of the Federal Court of Australia - Victoria. He is ordered to investigate the affairs of the Company, including the identification of its assets and liabilities and provide the Court with an opinion about the solvency of the Company.

29/05/2015

Administrators release Advice to Creditors (Notice of Meeting), Advice to Shareholders and Administrators Appointment Documents

15/05/2015

The Directors of Sino Australia Oil and Gas Limited (Sino or the Company) have resolved to place the Company into voluntary administration. Christopher Darin from the Sydney office and Matthew Jess from the Melbourne office of Worrells Insolvency and Forensic Accountants have been appointed Voluntary Administrators of the Company with effect from 4 May 2015

06/05/2015

On 6 March 2015 at a directions hearing in the Federal Court proceeding brought by ASIC against, amongst others, Sino Australia Oil and Gas Limited (SAO) and SAO's former Executive Chairman, Tianpeng Shao, her Honour Justice Davies made orders continuing the injunction preventing the transfer of money out of SAO's Australian bank account without the agreement of ASIC. Orders were also made for the preparation of the matter for a trial that has been listed to commence on 20 July 2015

11/03/2015

Based on draft consolidated accounts subject to final audit, Sino Australia Oil and Gas Ltd (the Company) wishes to advise that it expects consolidated net profit for the full year ended 31 December 2014 to decline by 73.57% to A$2,219,322 from A$8,395,837 for the previous year. Consolidated Operating Revenues for the full year ended 31 December 2014 is also expected to decline by 24.35% to A$25,495,834 compared with A$33,700,425 in the previous year

28/01/2015

Justice Davies makes orders extending the injunction restraining Sino Australia Oil and Gas limited (Sino or the Company) from accessing funds in its bank accounts with the HSBC and granted leave to ASIC to file and serve a Statement of Claim

26/11/2014

Following a review of the best current use of capital expenditure for the next twelve (12) months, the Board has approved the Company's management finalising negotiations for an investment in a trial project with Petro China in the Liaohe Oilfield in Liaoning Province, China

13/11/2014

ASIC Injunction Update - company can now pay certain of its commitments

15/09/2014

the ASIC Injunction has been extended on the terms ordered on 30 May 2014 to 4.00pm on Thursday, 11 September 2014. The court proceeding is next listed before the Court on 11 September 2014

08/09/2014

releases Interim Financial Report as at June 2014

29/08/2014

Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Friday 22 August 2014 is to be suspended from official quotation before the commencement of trading on Monday 25 August 2014. The company has not paid its annual listing fees in respect of the year ending 30 June 2015 but is already suspended from official quotation. In accordance with listing rule 16.5, entities that pay their annual listing fees on or after 22 August 2014 must pay by bank cheque only. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm EST on Friday 29 August 2014 will be removed from the official list with effect from the close of trading on Friday 29 August 2014.

25/08/2014

The Shareholders of Sino Australia Oil and Gas Limited (SAO or the Company) continue to advise the Company that they want the ASIC injunction lifted and the Company to have access to the IPO funds

23/07/2014

releases ASIC Investigation and Shareholder Response

17/07/2014

an Independent Director reports on his visit to Sino Australia Oil & Gas Operations in China

08/07/2014

An article published in The Australian newspaper today has incorrectly stated that Sino Australia Oil and Gas Limited (SAO or the Company) is the subject of a criminal investigation and that the Australian Federal Police has executed search warrants against it in relation to an investigation into market manipulation and false trading in its shares. No search warrant has been executed against the Company or any current director or officer of the Company. The Company is aware from material disclosed to the Federal Court by ASIC that ASIC is investigating suspected contraventions of provisions of the Corporations Act relating to trading in its shares and that a search warrant was issued. The Company does not know against whom the search warrant was executed. ASIC has made no enquiries of the Company about these issues

12/06/2014

At ASIC's request, the Court has ordered a further extension of the Interim Injunction. This prevents the Company using the proceeds of the IPO to pay for equipment

02/06/2014

the resolutions put to the AGM today were passed

30/05/2014

The Federal Court hearing to enable the Company to access its Australian bank accounts was held today. Her Honour Justice Davies has reserved her decision and extended the Injunction until 4pm on Monday, 2 June 2014

29/05/2014

On 23 May 2014 by consent, the ASIC injunction was extended to 4pm on 29 May 2014. The Court hearing has been listed for directions on 29 May 2014. The Company is in active discussions with ASIC to address and resolve concerns expressed by ASIC

26/05/2014

ASIC has obtained urgent orders in the Federal Court in Melbourne restraining ASX listed entity, Sino Australia Oil & Gas Ltd, from transferring company funds from two accounts it holds with HSBC Bank Australia Limited prior to a further hearing on 18 March 2014

14/03/2014

The securities of Sino Australia Oil & Gas Limited will be suspended from official quotation from the commencement of trading today 3 March 2014 following failure to lodge its periodic reports for the period ended 31 December 2013 in accordance with listing rules.

03/03/2014
View ASX Announcements (courtesy of ASX)

 

Click here for free access to this company's:
ASX, Legal & CGT Status

Your comments

Please read our Terms before viewing comments.

 

Company Updates
Post your comments here
Please read our Terms before posting comments.
OMISSIONS
    You can post a comment here about this company

    Please click in the "I'm not a robot" box. If an image appears, enter the word/figures you see in the image.

    loading Posting your comments. Please wait...

    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Zhanhua YuanNon Exec Chairman, Managing Director22/10/2014
    Xianfeng YinCFO01/10/2012
    Tianxiang ShaoNon Exec Director22/10/2014
    Yu LuNon Exec Director22/10/2014
    Ruiyu HeNon Exec Director26/02/2014

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Wrixon GasteenNon Exec Director20/03/201425/11/2015
    Guangbin ZhongNon Exec Director, CEO20/03/201401/05/2015
    Shao TianpengChairman, Executive Director31/07/201222/10/2014
    David CornwellNon Exec Director20/03/201422/10/2014
    Wayne JohnsonNon Exec Director01/10/201226/03/2014
    Andrew FaulknerNon Exec Director10/09/201226/03/2014
    Heyan WangNon Exec Director26/02/201420/03/2014

    Date of first appointment, title may have changed.