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21 November 2024
| Name: | LOSCAM LIMITED (LSC) |
| Date of Delisting: | 29 August 1997 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 29 August 1997.Legal Status:
This entity was delisted more than twenty years ago and we have not yet verified its current legal status. It may well have ceased to exist. If you are still a shareholder or have questions about a shareholding in this entity, they may be taken up with us here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
This company was delisted more than 20 years ago. We are no longer monitoring its status for Capital Gains Tax (CGT) purposes, but if you have a question relating to CGT please email us to admin@delisted.com.au. Any other enquiries relating to a shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - 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 |
delisted pursuant to Listing Rule 17.15 following the failure of the Company to pay listing fees (this followed the acquisition of the company by GE Capital) | 29/08/1997 |
we understand GE Capital's offer of 43 cents cash per share secured acceptances which entitled it to approximately 86% of Loscam's issued capital - GE Capital was therefore unable to move to compulsory acquisition - subsequently the board decided that it was in the best interests of the remaining 92 shareholders (approximately 48 of whom held parcels of shares with a market value of less than $2000) to have the company delisted from ASX - we understand Loscam was intending to implement a selective buyback of the shares of the minority shareholders later in the year at a price of 43 cents cash per share | 29/08/1997 |
former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - 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 |
delisted pursuant to Listing Rule 17.15 following the failure of the Company to pay listing fees (this followed the acquisition of the company by GE Capital) | 29/08/1997 |
we understand GE Capital's offer of 43 cents cash per share secured acceptances which entitled it to approximately 86% of Loscam's issued capital - GE Capital was therefore unable to move to compulsory acquisition - subsequently the board decided that it was in the best interests of the remaining 92 shareholders (approximately 48 of whom held parcels of shares with a market value of less than $2000) to have the company delisted from ASX - we understand Loscam was intending to implement a selective buyback of the shares of the minority shareholders later in the year at a price of 43 cents cash per share | 29/08/1997 |
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