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Our website ranking of 2BE: rating 4
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Boardroom Pty Ltd
Level 8, 210 George Street, Sydney NSW 2000
Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail

Company details
ISIN: AU0000046799
Address: 2 Hopetoun Street, Paddington NSW, Australia 2021
Tel:  02 93318725

Date first listed: 14/06/2019

Activities: Manufacture of high density polyethylene pipe for industrial, irrigation, agricultural, mining and oil and gas services industries

Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.


delisted by ASX under Listing Rule 17.12


we understand ASX removed the company from listing because its securities have been suspended from quotation for a continuous period of two years


The company has now completed the sale of assets to Mosaic Fertilizer, LLC and Pipeline Plastics, LLC for US$2.2m cumulatively as announced on 22 July 2022 and approved by shareholders on 14 December 2022.


The company releases the results of its Annual General Meeting.


The company releases its Chairman's AGM Address to Shareholders.


The company has received an unsolicited, conditional off-market takeover offer from Bondi Point Holdings Pty Ltd ACN 664 465 703 as trustee for BPH Trust to acquire all the shares in Tubi at a price of AUD$0.03 cash per share. The Directors of Tubi are considering the Bidder's proposal to make the Offer. At the date of this announcement, the Bidder's proposal is incomplete. There is no information about what the Bidder intends to do should the Offer proceed. Tubi shareholders are advised to take no action at this stage.


Tubi's 2021 Annual General Meeting will be held virtually and in person at 2.00pm (Sydney time) on Wednesday, 14th December 2022 at the offices of PKF, Level 8, 1 O'Connell Street, Sydney and via webcast at


The company has executed binding sale agreements with two counterparties to sell, transfer and assign the rights to certain assets in North America, being mobile plants numbers 5000 and 5004 downstream for an estimated gross consideration of $3.2 million based on the prevailing AUD/USD exchange rate. These binding sale agreements have been executed with: Mosaic Fertilizer, LLC dated 19 July 2022 concerning the 5004 downstream Mobile Plant, including an amendment to the original Deed of Licence of Intellectual Property entered into with Mosaic on 24 March 2022; and Pipeline Plastics, LLC dated 21 July 2022 concerning the 5000 Mobile Plant.


The company lodges its Half Yearly Report and Accounts.


The company releases its Appendix 4G.


The company releases its Corporate Governance Statement.


The company lodges its Appendix 4E and Full Year Financial Accounts.


The company lodges its Half Yearly Accounts.


The company has entered an asset purchase agreement with Mosaic Fertilizer, Hopetoun Corporation and Tubi USA, a wholly subsidiary of the company, dated 24 March 2022 to sell, transfer and assign the rights to two Mobile Plants, numbers 5002 and 5003, together with Iab, Reeling & Stringing and other assets located in Bartow, Flordia USA to Mosaic for US$10M. Mobile Plant 5003 is owned by Hopetoun. Mobile Plant 5002 together with the other assets are owned by the Company or its wholly owned subsidiary. Tubi has also entered into a Deed of Licence of Intellectual Property with Mosaic dated 24 March 2022, granting Mosaic royalty-free rights to some of Tubi's intellectual property related to the Mobile Plants, equipment and other related assets acquired by Mosaic under the ASA. The intellectual property licence granted to Hopetoun with respect to Mobile Plant number 5003 has been terminated.


Tubi USA INC has entered into a MRO Supply Agreement with Mosaic Fertilizer, LLC. Mosaic, based in Florida, USA, is the world's leading producer of concentrated phosphate and potash crop nutrients as well as a single source global supplier for phosphates, potash, nitrogen fertilizers and feed ingredients for the agriculture industry. The Agreement is for an initial three (3) year term where Tubi will be Mosaic's primary supplier of HDPE and MDPE Pipe. All orders will be subject to Purchase Orders, there are no conditions precedent, and the Agreement may be terminated for convenience with 90 days' notice. The ompany has also entered into a Facility Agreement with Oxleigh Pty Ltd to borrow funds for general working capital purposes.


The company releases a Response to Appendix 3X Query.


69,871,200 fully paid ordinary Tubi Limited shares will be released from voluntary escrow on 14 June 2021, 24 months from quotation.


The voluntary suspension has ended on 6 May 2021, pursuant to an Order from the Federal Court of Australia on 5 May 2021,


The company has entered into voluntary administration. Philip Carter and Daniel Walley of PwC Australia were appointed joint and several Voluntary Administrators on 23 April 2021. The subsidiary companies, Tubi USA, Inc. and Tubi NZ Limited, are not subject to the appointment of Voluntary Administrators and will continue normal operations.


The securities of Tubi Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of 2BE, pending the release of an announcement regarding the appointment of new directors to the board of 2BE.


The suspension of trading in the securities of Tubi Limited will be lifted immediately. Please note that the reinstatement applies only to deferred settlement securities (ASX:2BEO) only, and does not apply to any other quoted securities of 2BE


Tubi has raised the full $558k under its Retail Entitlement Offer. Total funds raised under the Placement and Entitlement Offer: $6.1 million. Tubi's balance sheet strengthened to support future growth.


The deferred settlement securities of Tubi Limited will be suspended immediately, in accordance with Listing Rule 17.3, as deferred settlement trading will not be available for the deferred settlement securities as noted in 2BE's Prospectus, announced to the market on 31 July 2020. Please note that the suspension applies to the deferred settlement securities only, and does not apply to any other quoted securities of 2BE.


listed entity carried for record purposes only

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    Directors' on-market share transactions (last 5)


    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    Marcello RussoCEO30/08/2009
    John MouawadDirector06/05/2021
    Ryan ShawDirector06/05/2021
    John ZeckendorfDirector10/06/2021
    Elissa HansenCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    Simon BirdChairman06/12/201901/04/2021
    Ariel SivikofskyCFO02/03/202001/04/2021
    Brent EmmettIndependent Director01/05/201901/04/2021
    Anthony WillsallanNon Exec Director26/06/201301/04/2021
    Michael TilleyNon Exec Chairman08/05/201309/03/2020
    Ian CoatesCFO12/06/201902/03/2020
    Jeffrey ShorterCEO14/06/201923/02/2020
    Craig LawnIndependent Director08/12/201706/12/2019

    Date of first appointment, title may have changed.