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06 October 2024
Name: | SUNVEST CORPORATION LIMITED (SVS) |
ISIN: | AU000000SVS3 |
Date of Listing: | 20 August 1987 |
Date of Delisting: | 20 October 2022 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 20 October 2022.Legal Status:
ACN: 008 132 036ABN: 77 008 132 036
Registration Date: 25 March 1987
Capital Gains Tax (CGT) Status:
The securities in this entity, in our opinion, are of little or no value. We have made that assessment by reference to the circumstances leading to a suspension and/or delisting, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing), and other factors including in particular whether the entity is in external administration. If you are seeking to crystallise a capital loss on your securities, that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Computershare Adelaide
Level 5, 115 Grenfell Street, Adelaide SA 5000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 8 9473 2408 or 1300 534 987
RegistryWebsite RegistryEmail
delisted at entity's request under Listing Rule 17.11 | 20/10/2022 |
we understand low levels of trading liquidity of the shares, shares trading at a significant discount to the net asset backing, low shareholder numbers and highly concentrated shareholdings led the Board to conclude that the costs and administrative burden of remaining listed on ASX outweighed any benefits of a continued listing - the company offered a share buy-back facility prior to delisting at 59 cents a share | 20/10/2022 |
The securities of Sunvest Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SVS, pending its removal from the official list of ASX as approved by shareholders on 12 August 2022. | 19/10/2022 |
listed entity carried for record purposes only | 01/07/2004 |
delisted at entity's request under Listing Rule 17.11 | 20/10/2022 |
we understand low levels of trading liquidity of the shares, shares trading at a significant discount to the net asset backing, low shareholder numbers and highly concentrated shareholdings led the Board to conclude that the costs and administrative burden of remaining listed on ASX outweighed any benefits of a continued listing - the company offered a share buy-back facility prior to delisting at 59 cents a share | 20/10/2022 |
The securities of Sunvest Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SVS, pending its removal from the official list of ASX as approved by shareholders on 12 August 2022. | 19/10/2022 |
listed entity carried for record purposes only | 01/07/2004 |
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DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|---|
27/03/2020 | Bruce Burrell | 4,286 | $0.160 | $686 | |
27/03/2020 | Bruce Burrell | 12,000 | $0.190 | $2,280 | |
02/04/2019 | Bruce Burrell | 3,000 | $0.250 | $750 | |
22/03/2019 | Bruce Burrell | 3,000 | $0.250 | $750 | |
07/03/2019 | Bruce Burrell | 2,000 | $0.260 | $520 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Bruce Burrell | Executive Chairman, Company Secretary | 30/09/1996 |
Carole Rowan | Non Exec Director | 22/10/1990 |
Callum Baxter | Non Exec Director | 07/11/2018 |
Mark Rowan-Hull | Non Exec Director | 29/01/2019 |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
Peter Burrows | Non Exec Director | 13/09/2018 | 07/11/2018 |
Alex Keach | Non Exec Director | 13/09/2018 | 07/11/2018 |
Bruce Rowan | Chairman, CEO | 17/06/1987 | 13/09/2018 |
Tiffany Rowan | Director | 24/10/1990 | 22/02/2012 |
Date of first appointment, title may have changed.
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