Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:
If your company is delisted, you will find confirmation in the company record by searching on the company name or code above.
Here are the most recent companies delisted from ASX. A full list can be downloaded by clicking in the box at the foot of the list.
Last 10 companies delisted from ASX
|VAULT INTELLIGENCE LIMITED (VLT)||19 Oct 20||we understand Damstra Holdings acquired 100% of the issued capital of Vault, the consideration being 1 New Damastra share for every 2.9 Vault shares|
|STRATEGIC MINERALS CORPORATION NL (SMC)||16 Oct 20||we understand QGold Pty Ltd was successful with an offer of $0.50 cash per SMC share|
|GBM GOLD LTD (GBM)||13 Oct 20||we understand this company failed and ASX removed the company from listing because its securities have been suspended from trading for a period of two years|
|ECO SYSTEMS LTD (ESL)||09 Oct 20||we understand this company failed and ASX removed the company from listing because its securities have been suspended from trading for a period of two years|
|PLC FINANCIAL SOLUTIONS LIMITED (PLC)||06 Oct 20||we understand this company failed and ASX removed the company from listing because its securities have been suspended from trading for a period of two years|
|POWERWRAP LIMITED (PWL)||06 Oct 20||we understand Praemium Ltd was successful with an offer of 7.5 cents in cash and 1 Praemium share for every 2 Powerwrap shares|
|CASSINI RESOURCES LIMITED (CZI)||05 Oct 20||we understand OZ Minerals acquired 100% of the shares in Cassini with Cassini shareholders receiving 1 cent a share in cash and one OZ Minerals shares for every 68.5 Cassini shares - Cassini shareholders also received 1 share in the demerged company Caspin Limited (holding the Yarawindah Brook and Mount Squires assets) for every 22 Cassini shares they held|
|MEDALLION TRUST SERIES 2015-2 (MZC)||01 Oct 20||we understand the trust was delisted following the redemption of the Class A1 mortgage backed floating rate securities due 24 October 2047 (ASX Code: MZCHA)|
|ALITA RESOURCES LIMITED (A40)||01 Oct 20||we understand this company failed and is in administration and ASX removed it from listing on the grounds it had failed to lodge financial statements|
|JIAJIAFU MODERN AGRICULTURE LIMITED (JJF)||01 Oct 20||we understand ASX removed the company from listing because of its failure to lodge financial statements in respect of the financial year to 30 June 2019|
Download delisted companies calendar years 1996-2019
Please click on the appropriate year below to see in csv format, companies delisted in that calendar year along with the date, official ASX reason and our explanation for the delisting. (Note that our explanation includes the amount of consideration payable to shareholders where a company has been taken over or merged.)
Approximately 6,500 companies have been delisted from the Australian Stock Exchange (or the state-based exchanges), Newcastle Stock Exchange and Bendigo Stock Exchange over the past 100 odd years, or have had their name changed.
These companies, the date and the reason for the delisting, feature on our website.
As far as is possible, our record for delisted companies is "frozen" at the point of delisting from an exchange. Depending on company developments after delisting, you may find current items in "News & Events" within the company record. You should realise other data within the company record may no longer be valid; the company may subsequently have changed its legal status and even be deregistered. If deregistered, it has ceased to exist.
Why was your company delisted?
Most companies are delisted either because they are acquired by another company, merge with another company, their securities mature or their business fails.
Shareholders should also note that entities do change their name and many have had multiple names. They are then of course listed under their new name and no longer under their previous name.
According to the Australian Stock Exchange Listing Rules, a company may be removed from the official list:
If it asks to be removed (ASX may impose conditions).
If in the opinion of ASX:
It breaks a listing rule or is unwilling or unable to comply with a rule.
It has no quoted securities.
It is appropriate for some other reason (see in particular the Guidance Notes for details).
Following the issue of compulsory acquisition notices and previous suspension of securities under Listing Rule 17.4 or Listing Rule 17.4A.
Its securities have been suspended from quotation for a continuous period of 2 years.
If it fails to pay listing fees.
Note that you can view the detail of these listing rules by clicking here.
Delisting and company failure
The majority of companies are delisted because of takeover, merger, the maturity of securities, the illiquidity of securities, listing costs, failure to pay listing costs and business failure.
Business failure also lies behind many "changes of activity" where companies fail with one activity and formally adopt another. Sometimes a change of name reflects an attempt to disassociate from past failures. Both are classic cases of failure masked by events other than a delisting. The share price usually reflects these failures.
Many small companies fail and actually go into administration, where they are reconstructed and recapitalised. They later emerge with either the same name or a different name. If not delisted, there is hardly any sign of the failure. Only the shareholders concerned are painfully aware. Their capital has been savagely diluted and their shares are practically worthless.
Larger companies that fail such as Pasminco, HIH Insurance, ABC Learning, Babcock & Brown, are of course eventually delisted, liquidated and deregistered.
Finding your company
If your company has been delisted there are three ways of finding it:
If you are unable to find your company or the information is incomplete or incomprehensible we recommend you send us a message and we will try to assist.
deListed and InvestoGain are largely the result of voluntary effort. We welcome input and updates from investors, company officers, insolvency practitioners, regulatory bodies, registries and others to firstname.lastname@example.org.Investigate before you invest again to InvestoGain