ASX Listed Shell Companies, Reverse Takeovers, RTO’s and Reverse Acquisitions

This company was suspended on 1st April 2003 and placed into Voluntary Administration on 11th September 2003. A Deed of Company Arrangement and recapitalisation plan was put forward on 23rd March 2005. The Deed was finalised and the company was requoted to ASX on 30th June 2005. It is now an oil exploration company.

This company was suspended on 1st March 2010, and placed into official liquidation on 16th February 2011. A recapitalisation plan was put forward by our firm in December 2011 involving a fresh share issue combined with a Deed of Company Arrangement and payments to creditors. After a successful application to the Supreme Court of Victoria to terminate the liquidation, the company came out of liquidation, but was not successful in taking advantage of its previous SGX and ASX listing.

This company was suspended on 30 August 2017, and went through a Deed of Company Arrangement process, arranged by our firm. The company finalised the DOCA in November 2018, without calling a shareholders meeting.

This company was suspended on 7 April 2015, and went through a Deed of Company Arrangement implemented by our firm in August 2016. The company is now involved with financial products and services for investors. It was re-quoted on the ASX in July 2018 with a market capitalization of $ 16 million on a fully diluted basis.

This company was suspended on 23 May 2008, and went through a Deed of Company Arrangement process in August 2010. We contacted the company in 2015 and a second recapitalisation plan was arranged by our firm in May 2015. The company has now become involved with invitro technology and digital pathology. It was re-quoted on the ASX in January 2016, and the Singapore Government backed incubator fund remains a shareholder. Market capitalisation was $44 million on a fully diluted basis.

This company was suspended on 3rd March 2009 and placed under members voluntary liquidation on 30 th July 2009. A recapitalization plan was put forward on 15th April 2010 involving a fresh share issue combined with an offer to original shareholders to choose between an ex-gratia payment of 1.2 cents a share or doubling their shares. After a successful application to the Supreme Court of Queensland to terminate the liquidation, the company came out of liquidation on 28th June 2010. The company was attempting an identity verification deal, but was unable to raise sufficient funds to be re-quoted on ASX.

This company was suspended on 31 May 2011 and went through a Deed of Company Arrangement process in January 2012. A second recapitalisation plan was arranged by our firm in December 2014, and shareholders were given an ex-gratia payment of .05 cents per share for every share held. The company has a Brisbane based units and townhouse development focus. The company was re-quoted on ASX in January 2016 with a market capitalisation of $43 million.

This company was suspended on 23rd August 2005 and placed into Voluntary Administration on 24th August 2005. A recapitalisation plan was put forward on 8th June 2006 involving a Deed of Company Arrangement. The Deed was finalised and the company was requoted to ASX on 20th December 2006.

This company was suspended on 26 February 2009, and placed into Voluntary Administration on 17 May 2011. A recapitalisation plan and Deed of Company Arrangement was put forward on 30 April 2013 by our firm. The company was re-quoted on the ASX on 11 June 2014, with a fully diluted market capitalisation of $140 million.

This company was suspended on 9th June 2006 and placed into Voluntary Administration on 6th June 2008. A recapitalisation plan was put forward on 28th April 2009 with a Deed of Company Arrangement. The Deed was successfully finalised and the company was requoted to ASX on 4th November 2009.

This company was suspended on 25 January 2017, and commenced a Deed of Company Arrangement process. However, it could not be completed. We contacted the company in June 2018 to put forward a new plan. We implemented a new DOCA and recapitalisation plan, which successfully finalized in December 2018. The company was not able to re-quote on the ASX due to a lack of shareholder spread. The company is now listed on the NSX.

This company was suspended on 22 May 2015. A recapitalization plan and Deed of Company Arrangement was arranged by our firm in September 2015. The company obtained a Queensland based zinc exploration deal. It was re-quoted on the ASX in August 2017. Market capitalization was $ 12 million on a fully diluted basis.

This company was suspended on 23 March 2011 and placed into Voluntary Administration on 10 May 2011. A recapitalisation plan was arranged by our firm with a Deed of Company Arrangement. It’s new business was in investor relations, media and research. Its shares were re-quoted on ASX in March 2016. Market capitalisation on a fully diluted basis was $15 million.

This company was suspended on 8th November 2005 and placed into Voluntary Administration on the same day. A recapitalisation plan was put forward on 15 October 2006 involving a Deed of Company Arrangement. The Deed was finalised and the company was requoted to ASX on on 30th January 2007 as a “mining” company.

This company was suspended on 21 July 2008, and went into liquidation on 30 June 2009. Our firm arranged a recapitalisation plan in December 2009 involving a Deed of Company Arrangement and a stay of winding up order. Shareholders were given an ex-gratia payment of .252 cents per share for each share held. The company successfully launched its Skyfii business on 21 November 2014 and its shares have been requoted on ASX with a market recapitalisation of $20 million on a fully diluted basis.

This company was suspended on 9th May 2008 and placed into voluntary administration on 13th May 2010. A recapitalisation plan and Deed of Company Arrangement was put forward by our firm on 13th August 2010 involving a creditors trust, and a fresh share issue. In June 2016 it’s shares were re-quoted on the ASX. Market capitalisation on a fully diluted basis was $ 5 million.

This company was suspended on 12 December 2014 and placed into Voluntary Administration on 18 December 2014. We implemented Deed of Company Arrangement and recapitalisation plan on 8 December 2015. The Deed was finalised on 8 April 2016. The company is not re-quoted, and is pursuing a medical device deal.

This company was suspended on 17th August 2007 and placed into members voluntary liquidation on 29th June 2009. A recapitalisation plan was put forward on 7th May 2010 involving a fresh share issue. We arranged a successful application to the Supreme Court of New South Wales to terminate the liquidation. The company was attempting a Korean memorial park deal, but was unable to be quoted on the ASX.

This company was suspended and placed into Voluntary Administration on 9th April 2008. A recapitalisation plan was put forward on 30th September 2009 arranged by our firm with a Deed of Company Arrangement. The company has re-launched as Wolf Strike Rentals, and was re-quoted on the ASX in March 2016

This company was suspended on 9 May 2018. Our firm purchased the major debts of the company, and became the secured lender temporarily in late 2019. A new party implemented a re-capitalisation plan on 10 January 2020. This new party has had discussions with ASX with a view to submitting a re-quotation plan.