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26 April 2025
Name: | GRG INTERNATIONAL LTD (GRG) |
Date of Listing: | 14 October 2010 |
Date of Delisting: | 31 December 2015 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 31 December 2015.Legal Status:
ACN: 141 662 240ABN: 92 141 662 240
Registration Date: 25 January 2010
Deregistration Date: 24 June 2018
Capital Gains Tax (CGT) Status:
This entity was deregistered on 24 June 2018. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Security Transfer Australia Pty Ltd
No longer operating
company deregistered today | 24/06/2018 |
GRG International Ltd (GRG) has been convicted and fined for late lodgement of financial accounts. The company, which was delisted from the ASX in January this year, appeared at the Melbourne Magistrates' Court on 28 January 2016 for failing to submit multiple financial reports on time between 2012 and 2014. Magistrate Lethbridge convicted and fined GRG a total of $37,500 for failing to lodge annual financial reports for financial years 2011-2012, 2012-2013 and 2013-2014 and half year reports ending 31 December 2012 and 2013. (Shareholders suffer the impact of the fine, those responsible - Jeffrey Barrow, Frank Cooper, Baljit Singh, Brian Kett, Dan Thurtell, Oliver Carton and Richard Stack - walk away scot-free!!) | 04/02/2016 |
delisted from the close of trading on Thursday, 31 December 2015, pursuant to Listing rule 17.12 and Guidance Note 33 | 31/12/2015 |
we understand that it is ASX policy to automatically remove from the official list any entity whose securities have been suspended from trading for a continuous period of 3 years | 31/12/2015 |
GRG Limited (GRG) is pleased to announce that it has signed an extension of an existing Distribution Agreement with a major North American distribution partner (the Partner). | 02/11/2015 |
GRG Limited (GRG) is pleased to announce that it has accepted an offer from DC Payments Australasia Pty Ltd (DC) to acquire the Company's Australian ATM business (the Offer). The Offer is subject to a number of conditions including the approval by GRG's shareholders. Completion of the Offer will result in the transfer of the ATM business assets and contracts of GRG to DC. GRG will focus on its ATM and bank transformation product distribution business in various jurisdictions. | 23/09/2015 |
The funding announced which encompassed the acquisition of Triton Systems on 7 September, 2012 via an agreement with a South East Asian funder has failed to complete. The funder has advised that it has failed to close financing from a third party which would have enabled it to provide funding to GRG - the Company has been unable to complete its Financial Reports for Financial Years 2012 and 2013 | 22/02/2014 |
the directors of this company namely Jeffrey Barrow, Brian Kett, Baljit Singh, Richard Stack and Dan Thurtell are treating their owners, the shareholders, with contempt - the company has been suspended for more than 8 months and the market not informed of developments | 12/07/2013 |
In relation to GRG International Limited" (ASX: GRG) press release dated 6 September 2012 regarding the transaction noted above, GRG advises that the completion of the transaction, originally scheduled to occur on or about the 5th of November, has been delayed until the week of December 17th, approximately 45 days | 08/11/2012 |
securities suspended following failure to lodge full year accounts to 30 June 2012 | 01/10/2012 |
company deregistered today | 24/06/2018 |
GRG International Ltd (GRG) has been convicted and fined for late lodgement of financial accounts. The company, which was delisted from the ASX in January this year, appeared at the Melbourne Magistrates' Court on 28 January 2016 for failing to submit multiple financial reports on time between 2012 and 2014. Magistrate Lethbridge convicted and fined GRG a total of $37,500 for failing to lodge annual financial reports for financial years 2011-2012, 2012-2013 and 2013-2014 and half year reports ending 31 December 2012 and 2013. (Shareholders suffer the impact of the fine, those responsible - Jeffrey Barrow, Frank Cooper, Baljit Singh, Brian Kett, Dan Thurtell, Oliver Carton and Richard Stack - walk away scot-free!!) | 04/02/2016 |
delisted from the close of trading on Thursday, 31 December 2015, pursuant to Listing rule 17.12 and Guidance Note 33 | 31/12/2015 |
we understand that it is ASX policy to automatically remove from the official list any entity whose securities have been suspended from trading for a continuous period of 3 years | 31/12/2015 |
GRG Limited (GRG) is pleased to announce that it has signed an extension of an existing Distribution Agreement with a major North American distribution partner (the Partner). | 02/11/2015 |
GRG Limited (GRG) is pleased to announce that it has accepted an offer from DC Payments Australasia Pty Ltd (DC) to acquire the Company's Australian ATM business (the Offer). The Offer is subject to a number of conditions including the approval by GRG's shareholders. Completion of the Offer will result in the transfer of the ATM business assets and contracts of GRG to DC. GRG will focus on its ATM and bank transformation product distribution business in various jurisdictions. | 23/09/2015 |
The funding announced which encompassed the acquisition of Triton Systems on 7 September, 2012 via an agreement with a South East Asian funder has failed to complete. The funder has advised that it has failed to close financing from a third party which would have enabled it to provide funding to GRG - the Company has been unable to complete its Financial Reports for Financial Years 2012 and 2013 | 22/02/2014 |
the directors of this company namely Jeffrey Barrow, Brian Kett, Baljit Singh, Richard Stack and Dan Thurtell are treating their owners, the shareholders, with contempt - the company has been suspended for more than 8 months and the market not informed of developments | 12/07/2013 |
In relation to GRG International Limited" (ASX: GRG) press release dated 6 September 2012 regarding the transaction noted above, GRG advises that the completion of the transaction, originally scheduled to occur on or about the 5th of November, has been delayed until the week of December 17th, approximately 45 days | 08/11/2012 |
securities suspended following failure to lodge full year accounts to 30 June 2012 | 01/10/2012 |
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The biggest waste of time and money ever. Thanks Tim Neesham for getting me sucked into this and the board of Directors walk away Scot-free. | 15/01/2024 14:32:32 |
Maybe it is time for Tim Neesham to answer some questions and how strongly he has supported Mr Carton, Mr Thurtell and Mr Kett. A lot of unexplained questions over the sale of the major asset in 2015. | 22/11/2016 15:54:12 |
?GRG convicted. http://asic.gov.au/about-asic/media-centre/find-a-media-release/2016-releases/16-025mr-grg-international-pty-ltd-convicted-and-fined-for-late-accounts/ | 04/02/2016 13:38:51 |
good luck with that - maybe hang out at Victorian Tigers Polo Club | 11/01/2014 13:09:56 |
Can we please get an update on the suspension? | 07/01/2014 05:00:33 |
just read article re - Victorian Tigers polo team "we can be as good as europeans" - what company are they talking about? surely not suspended GRG? | 15/11/2013 18:53:07 |
great article on CEO Jeff Barrows "we can be as good as europeans" it woudl seem investors are in good hands | 15/11/2013 09:00:59 |
Can someone explain why there has been no action against the directors at least. Have they been derelict in their duty as directors? What about the investors like me who have super fund money tied up with GRG? | 04/11/2013 14:08:59 |
I would like to see ASX take some action with this company. GRG as a whole shows no respect for the shareholders who parted with their hard-earned money to invest in their start-up company. ASX should ask them to be accountable for this long-winded suspension. | 21/10/2013 13:25:54 |
What is ASX doing about this company . The directors do not seem to be accountable in any way to the performance or shareholders. | 16/08/2013 12:34:27 |
DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|---|
22/12/2011 | Jeffrey Barrow | On market | 10,301 | $0.140 | $1,442 |
19/12/2011 | Jeffrey Barrow | On market | 48,933 | $0.125 | $6,113 |
15/12/2011 | Jeffrey Barrow | On market | 180,998 | $0.117 | $21,225 |
23/09/2011 | Frank Cooper | On market | 40,000 | $0.145 | $5,800 |
16/09/2011 | Jeffrey Barrow | On market | 76,545 | $0.141 | $10,793 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Oliver Carton | Non Exec Director, Company Secretary | 23/06/2014 |
Brian Kett | Executive Director | 03/06/2010 |
Dan Thurtell | Executive Director, CEO | 03/06/2010 |
Richard Stack | General Manager |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
Jeffrey Barrow | Chairman, CEO | 03/06/2010 | 23/06/2014 |
Baljit Singh | Non Exec Director | 08/12/2011 | 12/07/2013 |
Frank Cooper | Non Exec Director | 10/12/2010 | 08/12/2011 |
Date of first appointment, title may have changed.
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