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03 December 2024
Name: | TELEMEDIA NETWORKS INTERNATIONAL LIMITED (TMN) |
Date of Delisting: | 29 August 2005 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 29 August 2005.Legal Status:
ACN: 088 636 373ABN: 62 088 636 373
Registration Date: 20 August 1999
Deregistration Date: 22 January 2006
Capital Gains Tax (CGT) Status:
This entity was deregistered on 22 January 2006. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
this company is deregistered today and it has therefore ceased to exist - a capital loss can be claimed | 22/01/2006 |
it appears that this company is in the process of being struck off the official register - when this happens your capital loss can be taken and you don't need to sell your shares - we would expect this to be formally completed over the next month or so | 02/12/2005 |
delisted because of failure to pay its listing fees for 2005/06 | 29/08/2005 |
evidently attempts are being made to sell the shell of the company but typically there has been no notification to the market of developments | 08/07/2004 |
apart from a bland notification that the business was sold (see 21/08/2001 below) little of substance has been released to the market since the shares were suspended in May 2001 - the company is only a shell | 23/04/2004 |
Deed of Company Arrangement is fully effectuated and control reverts to the directors - it will be interesting to see if directors advise the market of their intentions for the company | 12/12/2003 |
deed administrators confirm there is no change from the position of 22 May 2003 | 21/10/2003 |
seeking update | 25/09/2003 |
deed administrators confirm they are endeavouring to finalise the Deed of Company Arrangement and make a payment to unsecured creditors by the end of this year - there is no mention of utilising the shell | 22/05/2003 |
seeking update | 02/05/2003 |
deed administrators confirm they await a decision of the secured creditor regarding the sale of the shell - progress is slow! | 20/02/2003 |
deed administrators report that there has been little progress since the release to the market a year ago - they expect to be able to confirm some developments during the next month and believe the company could be "back door listed" by the end of 2003 | 13/01/2003 |
Deed of Company arrangement executed - $400,000 to be paid by the company, $250,000 of which will go to the secured creditor and the remainder to creditors and the administrators - intended that the company will commence trading again on the ASX some time in the future, prior to which time shareholders will be notified | 03/01/2002 |
administrator advises that the business previously operated by the company has been sold by the receivers | 21/08/2001 |
R Albarran and G McDonald of Hall Chadwick appointed administrators | 10/08/2001 |
cash crisis forces company to request that Westpac exercise its rights under its debenture and AJ Love of Ferrier Hodgson appointed receiver and manager | 05/06/2001 |
company indicates it is continuing discussions with various parties to strengthen the company's balance sheet, including with its secured lender and principal creditors, and other possible providers of equity | 28/05/2001 |
board provides various reasons for trading halt - in particular that "certain debtors, previously considered to be receivable in the near future, were now unlikely to be received" | 23/05/2001 |
securities suspended at the request of the company pending the release of an announcement by the company | 22/05/2001 |
securities placed in pre-open pending the release of an announcement by the company | 18/05/2001 |
this company is deregistered today and it has therefore ceased to exist - a capital loss can be claimed | 22/01/2006 |
it appears that this company is in the process of being struck off the official register - when this happens your capital loss can be taken and you don't need to sell your shares - we would expect this to be formally completed over the next month or so | 02/12/2005 |
delisted because of failure to pay its listing fees for 2005/06 | 29/08/2005 |
evidently attempts are being made to sell the shell of the company but typically there has been no notification to the market of developments | 08/07/2004 |
apart from a bland notification that the business was sold (see 21/08/2001 below) little of substance has been released to the market since the shares were suspended in May 2001 - the company is only a shell | 23/04/2004 |
Deed of Company Arrangement is fully effectuated and control reverts to the directors - it will be interesting to see if directors advise the market of their intentions for the company | 12/12/2003 |
deed administrators confirm there is no change from the position of 22 May 2003 | 21/10/2003 |
seeking update | 25/09/2003 |
deed administrators confirm they are endeavouring to finalise the Deed of Company Arrangement and make a payment to unsecured creditors by the end of this year - there is no mention of utilising the shell | 22/05/2003 |
seeking update | 02/05/2003 |
deed administrators confirm they await a decision of the secured creditor regarding the sale of the shell - progress is slow! | 20/02/2003 |
deed administrators report that there has been little progress since the release to the market a year ago - they expect to be able to confirm some developments during the next month and believe the company could be "back door listed" by the end of 2003 | 13/01/2003 |
Deed of Company arrangement executed - $400,000 to be paid by the company, $250,000 of which will go to the secured creditor and the remainder to creditors and the administrators - intended that the company will commence trading again on the ASX some time in the future, prior to which time shareholders will be notified | 03/01/2002 |
administrator advises that the business previously operated by the company has been sold by the receivers | 21/08/2001 |
R Albarran and G McDonald of Hall Chadwick appointed administrators | 10/08/2001 |
cash crisis forces company to request that Westpac exercise its rights under its debenture and AJ Love of Ferrier Hodgson appointed receiver and manager | 05/06/2001 |
company indicates it is continuing discussions with various parties to strengthen the company's balance sheet, including with its secured lender and principal creditors, and other possible providers of equity | 28/05/2001 |
board provides various reasons for trading halt - in particular that "certain debtors, previously considered to be receivable in the near future, were now unlikely to be received" | 23/05/2001 |
securities suspended at the request of the company pending the release of an announcement by the company | 22/05/2001 |
securities placed in pre-open pending the release of an announcement by the company | 18/05/2001 |
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