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26 March 2025
| Name: | 99 LOYALTY LIMITED (99L) | |||||||||
| ISIN: | AU0000084477 | |||||||||
| Date of Listing: | 08 October 2013 | |||||||||
| Date of Delisting: | 30 December 2022 | |||||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 30 December 2022.Legal Status:
ACN: 164 764 729
Registration Date: 19 July 2013
Deregistration Date: 18 February 2025
Capital Gains Tax (CGT) Status:
This entity was deregistered on 18 February 2025. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| 99 LOYALTY LIMITED | 07/06/2021 | |
| 99 TECHNOLOGY LIMITED | 21/04/2020 | 07/06/2021 |
| 99 WUXIAN LIMITED | 21/04/2020 |
REGISTRY:
Automic Registry Pty Ltd
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail
The company has been deregistered as of 18/02/2025 | 18/02/2025 |
Strike-off action has been initiated against the company as of 07/10/2024 | 07/10/2024 |
delisted at entity's request under Listing Rule 17.11 | 30/12/2022 |
we understand the company delisted because of low share value, low levels of trading liquidity, Australian market sentiment, growth capital requirements, costs, management time and effort and returning value to CDI holders | 30/12/2022 |
The securities of 99 Loyalty Limited will be suspended from quotation at the close of trading on Friday, 23 December 2022 under Listing Rule 17.2, following approval of the security holders' resolution to remove 99L from the Official List on Wednesday, 23 November 2022. | 23/12/2022 |
The suspension of trading in the securities of 99 Loyalty Limited will be lifted immediately following the release by 99L of an announcement regarding its voluntary delisting from ASX Official List and its future strategic direction. | 13/10/2022 |
The Company has submitted a formal request to the ASX to be removed from the official list. On 7 October 2022, the ASX has confirmed that it agreesto remove 99 Loyalty from the Official List, subject to certain conditions being satisfied. The Delisting would mean that the Company's CHESS Depository Interests would no longer be quoted on the ASX. The Delisting will be put forward for shareholder/CDI holder approval at a general meeting. The Delisting is considered by the Company's Board (Board) to be in the best interests of the Company for a number of reasons. | 13/10/2022 |
The securities of 99 Loyalty Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of 99L, pending the release of an announcement regarding change in its strategic direction. | 10/10/2022 |
name changed from 99 Technology Limited | 07/06/2021 |
The company has been deregistered as of 18/02/2025 | 18/02/2025 |
Strike-off action has been initiated against the company as of 07/10/2024 | 07/10/2024 |
delisted at entity's request under Listing Rule 17.11 | 30/12/2022 |
we understand the company delisted because of low share value, low levels of trading liquidity, Australian market sentiment, growth capital requirements, costs, management time and effort and returning value to CDI holders | 30/12/2022 |
The securities of 99 Loyalty Limited will be suspended from quotation at the close of trading on Friday, 23 December 2022 under Listing Rule 17.2, following approval of the security holders' resolution to remove 99L from the Official List on Wednesday, 23 November 2022. | 23/12/2022 |
The suspension of trading in the securities of 99 Loyalty Limited will be lifted immediately following the release by 99L of an announcement regarding its voluntary delisting from ASX Official List and its future strategic direction. | 13/10/2022 |
The Company has submitted a formal request to the ASX to be removed from the official list. On 7 October 2022, the ASX has confirmed that it agreesto remove 99 Loyalty from the Official List, subject to certain conditions being satisfied. The Delisting would mean that the Company's CHESS Depository Interests would no longer be quoted on the ASX. The Delisting will be put forward for shareholder/CDI holder approval at a general meeting. The Delisting is considered by the Company's Board (Board) to be in the best interests of the Company for a number of reasons. | 13/10/2022 |
The securities of 99 Loyalty Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of 99L, pending the release of an announcement regarding change in its strategic direction. | 10/10/2022 |
name changed from 99 Technology Limited | 07/06/2021 |
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I hold some shares in this company. Unfortunately I have not heard from them and have not received any refund or compensation. | 20/08/2023 15:43:34 |
Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 13/12/2022 | Christopher John Ryan | 241,780 | $0.015 | $3,506 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Ross Benson | Chairman | 28/06/2013 |
| Cathy Li | CFO | 08/10/2013 |
| Christopher John Ryan | Non Exec Director | 01/11/2016 |
| Haoming Yu | Non Exec Director | 01/04/2017 |
| Amalisia Zhang | Non Exec Director | 07/05/2013 |
| Scott Sheng | Executive Director, CEO | 27/01/2022 |
| Henry Chen | Executive Director, CFO | 25/01/2016 |
| Simon Woodfull | Director | 18/11/2019 |
| Howse Williams Bowers | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Tao Wen | Executive Director | 23/09/2016 | 31/05/2022 |
| Simon Green | Director | 28/06/2013 | 18/11/2019 |
| YongKuan Duan | Director | 28/06/2013 | 01/04/2017 |
| Tony Groth | Director, Company Secretary | 28/06/2013 | 01/11/2016 |
| David Chen | Executive Director | 28/06/2013 | 23/09/2016 |
| Ayngaran Kailainathan | CFO | 11/11/2014 | 25/01/2016 |
Date of first appointment, title may have changed.
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