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26 March 2025
| Name: | KINETIC POWER LIMITED (KPL) |
| Date of Delisting: | 01 July 1999 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 01 July 1999.Legal Status:
ACN: 076 700 886
Registration Date: 09 December 1996
Deregistration Date: 06 December 2002
Capital Gains Tax (CGT) Status:
This entity was deregistered on 06 December 2002. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
the deregistration of this company has proceeded as anticipated - shareholders are now able to crystallise their capital loss for tax purposes as deregistration constitutes a Capital Gains Tax event allowing the claiming of the loss (we have not detailed the background as Kinetic has ceased to exist) | 28/01/2003 |
ASIC anticipates that the deferral of the deregistration will expire on 6 December 2002 and the company will then be deregistered | 26/11/2002 |
application lodged with ASIC by Perkins & Taylor for deferral of the deregistration of the company for 180 days | 29/05/2002 |
application for deregistration received by ASIC from the liquidators Clout & Associates, stating that the affairs of the company had been fully wound up | 27/12/2001 |
delisted by order of ASX | 01/07/1999 |
the deregistration of this company has proceeded as anticipated - shareholders are now able to crystallise their capital loss for tax purposes as deregistration constitutes a Capital Gains Tax event allowing the claiming of the loss (we have not detailed the background as Kinetic has ceased to exist) | 28/01/2003 |
ASIC anticipates that the deferral of the deregistration will expire on 6 December 2002 and the company will then be deregistered | 26/11/2002 |
application lodged with ASIC by Perkins & Taylor for deferral of the deregistration of the company for 180 days | 29/05/2002 |
application for deregistration received by ASIC from the liquidators Clout & Associates, stating that the affairs of the company had been fully wound up | 27/12/2001 |
delisted by order of ASX | 01/07/1999 |
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