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19 December 2024
| Name: | GUNNS LIMITED (GNS) | |||||||||
| Date of Listing: | 10 February 1983 | |||||||||
| Date of Delisting: | 30 August 2013 | |||||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 30 August 2013.Legal Status:
ACN: 009 478 148
This entity is in liquidation.Capital Gains Tax (CGT) Status:
An administrator or liquidator has declared during tax year 2014-15 that they have reasonable grounds to believe there is no likelihood that shareholders will receive any further distribution for their securities. You are therefore entitled to crystallise a capital loss in that tax year. If you did not do so, 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| GUNNS LIMITED | 15/12/1993 | |
| GUNNS KILNDRIED TIMBER INDUSTRIES LIMITED | 10/07/1986 | 15/12/1993 |
| KILNDRIED TIMBER INDUSTRIES LIMITED | 10/07/1986 |
REGISTRY:
Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail
many shareholders in this company have unclaimed money due to them - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service | 31/03/2022 |
a loss declaration has been issued for investors in Gunns FORESTS Securities (GNSPA) - if you are an investor, the capital loss can be claimed in the financial year the declaration is issued - in this case 2014-15 | 15/04/2015 |
a loss declaration has been issued - if you are still a shareholder, the capital loss can be claimed in the financial year the declaration is issued - in this case 2014-15 | 06/11/2014 |
delisted following non-payment of annual listing fees in respect of the year ending 30 June 2014 | 30/08/2013 |
we understand this company failed and has finally been delisted by ASX following non-payment of annual listing fees | 30/08/2013 |
perhaps health, admission of guilt and other reasons weighed in favour of Chairman John Gay, following his conviction on insider trading charges, but the paltry fine will send a message to all and sundry that ripping off innocent investors is a viable pastime | 24/08/2013 |
The company has not paid its annual fees in respect of the year ending 30 June 2014 but are already suspended from official quotation. In accordance with listing rule 16.5, entities that pay their annual listing fees on or after 23 August 2013must pay by bank cheque only. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm EST on Thursday 29 August 2013 will be removed from the official list with effect from the close of trading on Thursday 29 August 2013. | 23/08/2013 |
Ian Carson, Daniel Bryant and Craig Crosbie of PPB Advisory were appointed liquidators of the Company on 5 March 2013 | 15/05/2013 |
company applies for an order exempting it from reporting requirements | 07/03/2013 |
ASIC extended the time to hold the 2012 AGM until the earlier of: 1 3 months after the end of the Company" administration; or 2 28 June 2013 | 18/12/2012 |
an ANZ-led syndicate of banks, owed about $560 million, appoints Mark Korda and fellow KordaMentha partner Bryan Webster as receivers - KordaMentha will carry out a detailed analysis of plantation timber managed-investment schemes run by the company, into which thousands of investors have pumped about $600 million | 25/09/2012 |
Ian Carson, Daniel Bryant and Craig Crosbie of PPB Advisory have been appointed as administrators to the Company and each of its subsidiaries | 25/09/2012 |
releases preliminary final report | 03/09/2012 |
releases preliminary final report - including a write of $798m | 03/09/2012 |
Gunns Limited ("the Company") has executed an agreement with Australian Bluegum Plantations Pty Ltd for the sale of the Portland woodchip export facility. Completion of the transaction is subject to customary conditions including regulatory approvals. The sale value of the transaction is $61.8m. | 16/07/2012 |
Gunns Limited ("Gunns") has been issued with amended income tax assessments in relation to a sale and leaseback transaction entered into by Gunns in the 2007 income year for the purpose of raising approximately $100 million of funding for its business - Gunns considers that the action by the ATO is inconsistent with Full Federal Court authority in relation to other sale and leaseback transactions - Gunns intends to vigorously defend the assessments | 09/07/2012 |
The sale of the Heyfield sawmill as detailed in the Company announcement of 15 May 2012 has completed with the contractual dispute outlined in the announcement of 22 May 2012 resolved to the Company" satisfaction. The conclusion of this sale completes the exit of Gunns from all operations based on sourcing of wood supply from native forests and its transformation to a plantation only forest products business | 29/05/2012 |
the company confirms that its preparation for an equity offer is continuing. The Company is in confidential discussion with a number of institutional investors in relation to the proposed equity offer | 30/04/2012 |
Gunns is selling its export woodchip terminal at the Port of Portland, in western Victoria, as it focuses on its $2.5 billion pulp mill at Bell Bay, in Tasmania. | 16/04/2012 |
Gunns again has asked for more time to put together a plan to raise funds. The company also has requested an extension of the suspension of its shares from trading on the Australian Securities Exchange (ASX). "Further to Gunns Ltd's announcement on 26 March, 2012, the company confirms it is proceeding to formulate an equity offer as detailed in that announcement," Gunns said in a statement on Tuesday. | 10/04/2012 |
GNSPA (FORESTS) a distribution is announced - it will be unfranked and paid on 18 April 2012. Please note that this distribution is not for holders of GNS ordinary shares | 29/03/2012 |
UBS AG bought and transferred in a net 44,610,019 Gunns Ltd shares between December 2, 2011 and March 12, 2012, becoming a substantial holder with 44,610,019 shares (5.26%). | 15/03/2012 |
The securities of Gunns Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GNS | 13/03/2012 |
the suspension of trading in the securities of Gunns Limited (the "Company") will be lifted immediately, following the release of an announcement by the Company | 19/09/2011 |
the company is continuing to assess the matters arising as a result of the agreement and other developments in respect of the company restructure and Bell Bay pulp mill project. The company expects to finalise a market update for release prior to market opening on 19 September 2011 with re-quotation of the company's securities to occur at that time | 16/09/2011 |
the Company confirms that agreement has been reached with the Tasmanian State Government in respect of the Tasmanian Forest Agreement. A market update providing details of the agreement and its implications for the Company will be made on 15 September 2011 | 14/09/2011 |
UBS AG transferred out 7,100,000 Gunns Ltd shares on August 31, 2011, decreasing from 43,608,802 shares (5.14%) to 36,508,802 shares (4.3%). | 05/09/2011 |
UBS AG bought and transferred in a net 14,663,353 Gunns Ltd shares between August 8 and 30, 2011, increasing from 28,945,449 shares (3.41%) to 43,608,802 shares (5.14%). | 01/09/2011 |
the company has received an offer from the State government in respect of a settlement proposal to support implementation of the Tasmanian Forests Agreement. The offer is open for acceptance until Friday 2 September 2011. The offer and associated documentation is being reviewed by the company and discussions to clarify specific aspects of the offer have been held with the State government. It is the company's intention to advise the State of its position in respect of settlement of the matter by 2 September 2011 | 31/08/2011 |
the Company is in dialogue with the State government in respect of a settlement proposal to support implementation of the Tasmanian Statement of Forest Principles and expects to receive a settlement proposal today. Agreement of an offer will be subject to legal review and documentation. The Company is seeking to resolve the matter expeditiously and will provide a further market update on Friday 26 August 2011 | 25/08/2011 |
the Company sought a suspension of shares from trading on 8 August 2011 based on concerns of trading occurring in an uninformed market based on media speculation around the Tasmanian Forestry Industry restructure process. These concerns remain. The Company will be seeking specific clarification on material issues relevant to the process in the course of next week with the objective of enabling a lifting of the trading suspension following the release of 2011 results next week | 19/08/2011 |
Gunns Limited Managing Director, Mr Greg L'Estrange, today welcomed the Tasmanian Government's decision to appoint a probity auditor to review Gunns' contracts but sought assurances that the process would be expedited to end the onerous uncertainty the decision has created | 18/08/2011 |
In a radio interview today the Managing Director of Forestry Tasmania referred to claims of debt owed by Gunns Limited to Forestry Tasmania of approximately $25 million. This claim comprises two areas of dispute, claims under contractual take or pay provisions and claims by Gunns against supplies made by Forestry Tasmania under specific arrangements in the 2010 financial year. Forestry Tasmania has made claims under take or pay provisions of supply contracts for the 2010 and 2011 financial years. These claims are disputed by Gunns in accordance with the contractual process. Any payment in relation to the claims under the relevant contracts will not be paid until the dispute resolution process is completed. Gunns has assessed the claims and believes that any liability it has to them would be minimal | 17/08/2011 |
following the announcement on 7 August 2011 of the signing of an intergovernmental agreement in respect of the restructure of the Tasmanian Forestry Industry, Company securities have been suspended from trading pending the clarification of the implications of this agreement for the Company. The Company has sought and is awaiting clarificatory information from the State Government | 12/08/2011 |
UBS AG sold a net 19,668,691 Gunns Ltd shares between August 3 and 8, 2011, decreasing from 48,614,140 shares (5.73%) to 28,945,449 shares (3.41%) | 11/08/2011 |
the securities of Gunns Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement | 08/08/2011 |
the suspension of trading in the securities of Gunns Limited (the "Company") will be lifted immediately, following the release of an announcement by the Company | 04/09/2008 |
company is to raise up to $430m through a pro-rata entitlement offer | 29/08/2008 |
securities suspended from quotation pending an announcement | 27/08/2008 |
we understand that on or about this date the company split its shares 4 for 1 | 29/10/2004 |
name changed from Gunns Kilndried Timber Industries Limited | 15/12/1993 |
many shareholders in this company have unclaimed money due to them - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service | 31/03/2022 |
a loss declaration has been issued for investors in Gunns FORESTS Securities (GNSPA) - if you are an investor, the capital loss can be claimed in the financial year the declaration is issued - in this case 2014-15 | 15/04/2015 |
a loss declaration has been issued - if you are still a shareholder, the capital loss can be claimed in the financial year the declaration is issued - in this case 2014-15 | 06/11/2014 |
delisted following non-payment of annual listing fees in respect of the year ending 30 June 2014 | 30/08/2013 |
we understand this company failed and has finally been delisted by ASX following non-payment of annual listing fees | 30/08/2013 |
perhaps health, admission of guilt and other reasons weighed in favour of Chairman John Gay, following his conviction on insider trading charges, but the paltry fine will send a message to all and sundry that ripping off innocent investors is a viable pastime | 24/08/2013 |
The company has not paid its annual fees in respect of the year ending 30 June 2014 but are already suspended from official quotation. In accordance with listing rule 16.5, entities that pay their annual listing fees on or after 23 August 2013must pay by bank cheque only. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm EST on Thursday 29 August 2013 will be removed from the official list with effect from the close of trading on Thursday 29 August 2013. | 23/08/2013 |
Ian Carson, Daniel Bryant and Craig Crosbie of PPB Advisory were appointed liquidators of the Company on 5 March 2013 | 15/05/2013 |
company applies for an order exempting it from reporting requirements | 07/03/2013 |
ASIC extended the time to hold the 2012 AGM until the earlier of: 1 3 months after the end of the Company" administration; or 2 28 June 2013 | 18/12/2012 |
an ANZ-led syndicate of banks, owed about $560 million, appoints Mark Korda and fellow KordaMentha partner Bryan Webster as receivers - KordaMentha will carry out a detailed analysis of plantation timber managed-investment schemes run by the company, into which thousands of investors have pumped about $600 million | 25/09/2012 |
Ian Carson, Daniel Bryant and Craig Crosbie of PPB Advisory have been appointed as administrators to the Company and each of its subsidiaries | 25/09/2012 |
releases preliminary final report | 03/09/2012 |
releases preliminary final report - including a write of $798m | 03/09/2012 |
Gunns Limited ("the Company") has executed an agreement with Australian Bluegum Plantations Pty Ltd for the sale of the Portland woodchip export facility. Completion of the transaction is subject to customary conditions including regulatory approvals. The sale value of the transaction is $61.8m. | 16/07/2012 |
Gunns Limited ("Gunns") has been issued with amended income tax assessments in relation to a sale and leaseback transaction entered into by Gunns in the 2007 income year for the purpose of raising approximately $100 million of funding for its business - Gunns considers that the action by the ATO is inconsistent with Full Federal Court authority in relation to other sale and leaseback transactions - Gunns intends to vigorously defend the assessments | 09/07/2012 |
The sale of the Heyfield sawmill as detailed in the Company announcement of 15 May 2012 has completed with the contractual dispute outlined in the announcement of 22 May 2012 resolved to the Company" satisfaction. The conclusion of this sale completes the exit of Gunns from all operations based on sourcing of wood supply from native forests and its transformation to a plantation only forest products business | 29/05/2012 |
the company confirms that its preparation for an equity offer is continuing. The Company is in confidential discussion with a number of institutional investors in relation to the proposed equity offer | 30/04/2012 |
Gunns is selling its export woodchip terminal at the Port of Portland, in western Victoria, as it focuses on its $2.5 billion pulp mill at Bell Bay, in Tasmania. | 16/04/2012 |
Gunns again has asked for more time to put together a plan to raise funds. The company also has requested an extension of the suspension of its shares from trading on the Australian Securities Exchange (ASX). "Further to Gunns Ltd's announcement on 26 March, 2012, the company confirms it is proceeding to formulate an equity offer as detailed in that announcement," Gunns said in a statement on Tuesday. | 10/04/2012 |
GNSPA (FORESTS) a distribution is announced - it will be unfranked and paid on 18 April 2012. Please note that this distribution is not for holders of GNS ordinary shares | 29/03/2012 |
UBS AG bought and transferred in a net 44,610,019 Gunns Ltd shares between December 2, 2011 and March 12, 2012, becoming a substantial holder with 44,610,019 shares (5.26%). | 15/03/2012 |
The securities of Gunns Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GNS | 13/03/2012 |
the suspension of trading in the securities of Gunns Limited (the "Company") will be lifted immediately, following the release of an announcement by the Company | 19/09/2011 |
the company is continuing to assess the matters arising as a result of the agreement and other developments in respect of the company restructure and Bell Bay pulp mill project. The company expects to finalise a market update for release prior to market opening on 19 September 2011 with re-quotation of the company's securities to occur at that time | 16/09/2011 |
the Company confirms that agreement has been reached with the Tasmanian State Government in respect of the Tasmanian Forest Agreement. A market update providing details of the agreement and its implications for the Company will be made on 15 September 2011 | 14/09/2011 |
UBS AG transferred out 7,100,000 Gunns Ltd shares on August 31, 2011, decreasing from 43,608,802 shares (5.14%) to 36,508,802 shares (4.3%). | 05/09/2011 |
UBS AG bought and transferred in a net 14,663,353 Gunns Ltd shares between August 8 and 30, 2011, increasing from 28,945,449 shares (3.41%) to 43,608,802 shares (5.14%). | 01/09/2011 |
the company has received an offer from the State government in respect of a settlement proposal to support implementation of the Tasmanian Forests Agreement. The offer is open for acceptance until Friday 2 September 2011. The offer and associated documentation is being reviewed by the company and discussions to clarify specific aspects of the offer have been held with the State government. It is the company's intention to advise the State of its position in respect of settlement of the matter by 2 September 2011 | 31/08/2011 |
the Company is in dialogue with the State government in respect of a settlement proposal to support implementation of the Tasmanian Statement of Forest Principles and expects to receive a settlement proposal today. Agreement of an offer will be subject to legal review and documentation. The Company is seeking to resolve the matter expeditiously and will provide a further market update on Friday 26 August 2011 | 25/08/2011 |
the Company sought a suspension of shares from trading on 8 August 2011 based on concerns of trading occurring in an uninformed market based on media speculation around the Tasmanian Forestry Industry restructure process. These concerns remain. The Company will be seeking specific clarification on material issues relevant to the process in the course of next week with the objective of enabling a lifting of the trading suspension following the release of 2011 results next week | 19/08/2011 |
Gunns Limited Managing Director, Mr Greg L'Estrange, today welcomed the Tasmanian Government's decision to appoint a probity auditor to review Gunns' contracts but sought assurances that the process would be expedited to end the onerous uncertainty the decision has created | 18/08/2011 |
In a radio interview today the Managing Director of Forestry Tasmania referred to claims of debt owed by Gunns Limited to Forestry Tasmania of approximately $25 million. This claim comprises two areas of dispute, claims under contractual take or pay provisions and claims by Gunns against supplies made by Forestry Tasmania under specific arrangements in the 2010 financial year. Forestry Tasmania has made claims under take or pay provisions of supply contracts for the 2010 and 2011 financial years. These claims are disputed by Gunns in accordance with the contractual process. Any payment in relation to the claims under the relevant contracts will not be paid until the dispute resolution process is completed. Gunns has assessed the claims and believes that any liability it has to them would be minimal | 17/08/2011 |
following the announcement on 7 August 2011 of the signing of an intergovernmental agreement in respect of the restructure of the Tasmanian Forestry Industry, Company securities have been suspended from trading pending the clarification of the implications of this agreement for the Company. The Company has sought and is awaiting clarificatory information from the State Government | 12/08/2011 |
UBS AG sold a net 19,668,691 Gunns Ltd shares between August 3 and 8, 2011, decreasing from 48,614,140 shares (5.73%) to 28,945,449 shares (3.41%) | 11/08/2011 |
the securities of Gunns Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement | 08/08/2011 |
the suspension of trading in the securities of Gunns Limited (the "Company") will be lifted immediately, following the release of an announcement by the Company | 04/09/2008 |
company is to raise up to $430m through a pro-rata entitlement offer | 29/08/2008 |
securities suspended from quotation pending an announcement | 27/08/2008 |
we understand that on or about this date the company split its shares 4 for 1 | 29/10/2004 |
name changed from Gunns Kilndried Timber Industries Limited | 15/12/1993 |
Your browser may reflect a date of printing in American format.
| So as a retail shareholder, I take it the "unlisted" shares are deemed worthless? | 30/01/2014 18:09:09 |
| DC legal has sent a letter offering legal support in suing the directors, are they likely to succeed or is this a money making scheme? | 15/10/2013 21:23:30 |
| Can we write-off this share from our Tax? If so - as at what date can this share be written off? | 18/09/2013 16:00:57 |
| Your money is gone.. They are being liquidated and shareholders will get no money... | 10/07/2013 14:27:04 |
| the share listing dropped out of my portfolio last year. I've updated my bank details, but as yet haven't received my money. Who do I call or ask regarding this. | 05/03/2013 15:00:21 |
Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 03/03/2010 | Richard Millar | On market | 33,644 | $0.555 | $18,672 |
| 26/02/2010 | Robin Gray | On market | 100,000 | $0.550 | $55,000 |
| 07/12/2009 | John Gay | On market | 3,404,178 | $0.909 | $3,095,410 |
| 03/03/2009 | Richard Millar | On market | 100,000 | $0.650 | $65,000 |
| 17/09/2008 | Cornelis van der Kley | On market | 25,000 | $1.250 | $31,250 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Christopher Newman | Non Exec Chairman | 24/09/2001 |
| David Simmons | Deputy Chairman, Non Exec Director | 29/01/2009 |
| Greg L'Estrange | CEO, Managing Director | 25/11/2010 |
| Calton Frame | CFO | |
| Richard Millar | Non Exec Director | 24/01/2007 |
| Wayne Chapman | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Paul Teisseire | Non Exec Director | 27/03/2008 | 20/07/2012 |
| John Gay | Managing Director, Executive Chairman | 27/05/2010 | |
| Robin Gray | Non Exec Director | 05/05/2010 | |
| Robin Holyman | Non Exec Director | 11/11/2009 | |
| Cornelis van der Kley | Non Exec Director | 31/10/2008 | |
| David McQuestin | Non Exec Director | 23/05/2008 | |
| William Paisley | Chairman | 31/07/2002 |
Date of first appointment, title may have changed.
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