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28 March 2025
Name: | ONTERRAN LIMITED (OTR) | ||||||
ISIN: | AU000000OTR8 | ||||||
Date of Listing: | 31 October 2006 | ||||||
Date of Delisting: | 03 February 2020 | ||||||
Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 03 February 2020.Legal Status:
ACN: 117 371 418
This entity was placed in administration or receivership on 08 March 2019. It may currently be in administration and/or receivership or it may be subject to a deed of company arrangement.Capital Gains Tax (CGT) Status:
The securities in this entity, in our opinion, are of little or no value. We have made that assessment by reference to the circumstances leading to a suspension and/or delisting, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing), and other factors including in particular whether the entity is in external administration. If you are seeking to crystallise a capital loss on your securities, that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/.
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 |
---|---|---|
ONTERRAN LIMITED | 08/12/2015 | |
NOMAD BUILDING SOLUTIONS LIMITED | 08/12/2015 |
REGISTRY:
Link Market Services Brisbane
Level 21, 10 Eagle Street
Brisbane QLD 4000
Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail
The administrator or controller notifies ASIC of a change of their address. | 13/11/2024 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 10/07/2024 |
The administrator reports on the company's financial status, updates on the administration's progress, and the administrator's activities in managing the company under the DOCA. | 13/06/2024 |
The company notifies ASIC of a change in its registered address. | 13/09/2023 |
The company notifies ASIC of the appointment or cessation of a director or company secretary. | 11/11/2022 |
delisted from the commencement of trading on 3 February 2020 pursuant to Listing rule 17.12. | 03/02/2020 |
we understand this company failed and ASX removed the company from listing because its securities have not been quoted for more than three years | 03/02/2020 |
The company has not paid their annual listing fees in respect of the year ending 30 June 2020 but the securities are already suspended from official quotation. | 22/08/2019 |
The company executed the proposed DOCA on 26 June 2019. | 03/07/2019 |
At the 6 June 2019 second meeting of creditors, creditors passed a resolution that the company should execute a DOCA. Patricia Talty and David Clout were appointed as Joint and Several Deed Administrators. The administrators are arranging for the company to execute the DOCA and note that this must occur within 15 business days after the day of the meeting. | 07/06/2019 |
The administrators are currently undertaking an assessment of Onterran's business and will work with stakeholders to determine the appropriate strategy for the business. A meeting of creditors will be held within 8 business days after the appointment of the administrators. The meeting is anticipated to be held on 20 March 2019. | 11/03/2019 |
The company announces the sale of its share in Island Resorts. This sale is seen as the best opportunity to protect and enhance remaining value for all classes of shareholder of Onterran. The consideration for the transaction is assumption of significant liabilities, which in most cases would flow up to Onterran, with total consideration being approximately $17 million. EDG Capital is an existing secured creditor. With a new owner in place who plans to invest significantly in the Couran Cove Island Resort, Onterran will be free to pursue other opportunities available to it, whilst still gaining indirect benefit from investment in the resort from the investment of the new resort owner. | 09/03/2019 |
On 8 March 2019, David Clout and Trish Talty were appointed as voluntary administrators of the company. It is the intent of the company to enter a restructuring process through offering and seeking the approval of a DOCA. | 08/03/2019 |
The company announces the execution of new agreements with Eureka Group Holdings Limited, a summary of which has been released to the market today. This is an important step in the restructure of OTR. | 30/08/2018 |
Eureka provides a comprehensive update on the loans receivable from the Onterran Group. The key elements of the settlement reached are as follows. The 28 remaining cabins and apartments owned by Eureka are to be sold for $2.01 million to a purchaser that is not a related party of the Onterran Group. Settlement is to occur on 6 September 2018. The $2.54 million loan receivable has been further reduced by additional payments to $2.26 million. Lachlan McIntosh has agreed to the McIntosh Loan to bridge a gap and facilitate the transactions. The McIntosh Loan is due for repayment on 31 December 2019. The West Cabin Loan is due for repayment no later than 28 February 2019. No interest accrues on this loan. The existing $3 million amount owed to Eureka by Couran Cove Holdings Pty Ltd is to be refinanced under a new secured loan to CCH Developments No 1 Pty Ltd. No interest accrues on this loan. The restructure of the $2.26 million and $3 million loans are subject to the conditions precedent. The completion of these transactions will result in Eureka receiving a substantial amount of cash of $3.60 million and a pathway to a further $0.67 million within 6-18 months. | 30/08/2018 |
Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Tuesday, 21 August 2018 will have its securities suspended from official quotation before the commencement of trading on Wednesday, 22 August 2018. The company has not paid its annual listing fees in respect of the year ending 30 June 2019 but the securities are already suspended from official quotation. In accordance with Listing Rule 16.5, entities that pay their annual listing fees after Tuesday, 21 August 2018 must 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 AEST on Tuesday, 28 August 2018 will be removed from the Official List with effect from the close of trading on Tuesday, 28 August 2018. | 22/08/2018 |
Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended. | 06/08/2018 |
Eureka Group Holdings Limited provides an update on the Couran Cove loan. The debt has since been reduced to $ 2.54 million. Couran Cove has now approached Eureka to seek variations to the loan repayment schedule including deferring some of the scheduled progressive repayments. Eureka has reserved its rights under the security agreements and is considering proposals submitted by Couran Cove. Eureka no longer anticipates full repayment of the remaining $2.54 million prior to 30 June 2018. Eureka is in advanced discussions with key stakeholders of Onterran Limited with a view to obtaining final payment early in the next financial year. | 15/05/2018 |
The company requests an extension of its voluntary suspension pending information about a likely recapitalisation. The event that will end the suspension will be the latter of an announcement about the terms of a proposed recapitalisation of Onterran or the lodgement of the outstanding Onterran Financial Reports. The timing of each of these events is uncertain but Onterran expects that the suspension will end on 29 June 2018. | 23/02/2018 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the wind down and closure of the McGrath subsidiary and information about the likely recapitalisation of Onterran. Onterran expects the voluntary suspension to last until Thursday 1 March 2018. | 01/12/2017 |
The company requests that its current voluntary suspension be extended pending completion of the wind-down and closure of the McGrath subsidiary and a trading update. The suspension is expected to last until 1 December 2017. | 25/09/2017 |
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately. | 22/08/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the wind-down and closure of the McGrath subsidiary. The company expects the voluntary suspension to last until Friday 22 September 2017. | 11/08/2017 |
The company requests that the current suspension of its securities be extended pending completion of the wind-down and closure of the McGrath subsidiary; entering into the DOCA for Bloomer and trading update. Onterran expects the voluntary suspension to last until Monday 11 August 2017. | 30/06/2017 |
The company provides an update. At the second meeting of creditors in the voluntary administration of Bloomer Constructions, creditors voted to enter into a DOCA. The formalities of entering into a DOCA are in the process of being completed. The wind down of the McGrath Modular business continues, with its final house having now been delivered to site. On completion of this house, McGrath will cease trading and take steps to close the business and thereafter provided an update to the market. | 30/06/2017 |
The company provides an update in respect of its construction subsidiaries. The second meeting of creditors in the voluntary administration of Bloomer Constructions is expected to be held between 28 June and 30 June 2017. The board has resolved to cease all activities and wind down the McGrath business. Contracts for two residential homes are expected to be completed in the coming weeks at which point all work on hand will be completed. | 31/05/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the divestment of the McGrath subsidiary and trading update. Onterran expects the voluntary suspension to last until Monday 3 July 2017. | 22/05/2017 |
Onterran Ltd announces that Voluntary Administrators have been appointed to oversee the affairs of its 100% owned subsidiary, Bloomer Constructions. | 28/04/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the divestments of the Bloomer and McGrath subsidiaries and trading update. Onterran expects the voluntary suspension to last until Monday 22 May 2017. | 10/04/2017 |
The company requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending an announcement about the potential divestment of a subsidiary and trading update. Onterran expects the voluntary suspension to last until Monday 10 April 2017. | 27/02/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending an announcement about the potential divestment of a subsidiary and trading update. The company expects the voluntary suspension to last until Monday 27 February 2017. | 20/02/2017 |
The securities of Onterran Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. | 14/02/2017 |
we understand that on or about this date the company consolidated its shares 1 for 8 | 25/08/2016 |
The suspension of trading in the securities of Onterran Limited (the "Company") will be lifted immediately, following the release by the Company of an announcement. | 12/07/2016 |
The company is please to make the following announcement about: the acquisition of certain assets at the Couran Cove Resort, South Stradbroke Island, QLD; the proposed issuance of redeemable convertible preference shares to fund the acquisitions; an EGM to be held on 15 August 2016 for shareholders to approve, among other things, the issuance of the RCPS and an 8 for 1 share consolidation; and a general business trading update. | 12/07/2016 |
The securities of Onterran Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. | 06/07/2016 |
name changed from Nomad Building Solutions Limited | 08/12/2015 |
The administrator or controller notifies ASIC of a change of their address. | 13/11/2024 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 10/07/2024 |
The administrator reports on the company's financial status, updates on the administration's progress, and the administrator's activities in managing the company under the DOCA. | 13/06/2024 |
The company notifies ASIC of a change in its registered address. | 13/09/2023 |
The company notifies ASIC of the appointment or cessation of a director or company secretary. | 11/11/2022 |
delisted from the commencement of trading on 3 February 2020 pursuant to Listing rule 17.12. | 03/02/2020 |
we understand this company failed and ASX removed the company from listing because its securities have not been quoted for more than three years | 03/02/2020 |
The company has not paid their annual listing fees in respect of the year ending 30 June 2020 but the securities are already suspended from official quotation. | 22/08/2019 |
The company executed the proposed DOCA on 26 June 2019. | 03/07/2019 |
At the 6 June 2019 second meeting of creditors, creditors passed a resolution that the company should execute a DOCA. Patricia Talty and David Clout were appointed as Joint and Several Deed Administrators. The administrators are arranging for the company to execute the DOCA and note that this must occur within 15 business days after the day of the meeting. | 07/06/2019 |
The administrators are currently undertaking an assessment of Onterran's business and will work with stakeholders to determine the appropriate strategy for the business. A meeting of creditors will be held within 8 business days after the appointment of the administrators. The meeting is anticipated to be held on 20 March 2019. | 11/03/2019 |
The company announces the sale of its share in Island Resorts. This sale is seen as the best opportunity to protect and enhance remaining value for all classes of shareholder of Onterran. The consideration for the transaction is assumption of significant liabilities, which in most cases would flow up to Onterran, with total consideration being approximately $17 million. EDG Capital is an existing secured creditor. With a new owner in place who plans to invest significantly in the Couran Cove Island Resort, Onterran will be free to pursue other opportunities available to it, whilst still gaining indirect benefit from investment in the resort from the investment of the new resort owner. | 09/03/2019 |
On 8 March 2019, David Clout and Trish Talty were appointed as voluntary administrators of the company. It is the intent of the company to enter a restructuring process through offering and seeking the approval of a DOCA. | 08/03/2019 |
The company announces the execution of new agreements with Eureka Group Holdings Limited, a summary of which has been released to the market today. This is an important step in the restructure of OTR. | 30/08/2018 |
Eureka provides a comprehensive update on the loans receivable from the Onterran Group. The key elements of the settlement reached are as follows. The 28 remaining cabins and apartments owned by Eureka are to be sold for $2.01 million to a purchaser that is not a related party of the Onterran Group. Settlement is to occur on 6 September 2018. The $2.54 million loan receivable has been further reduced by additional payments to $2.26 million. Lachlan McIntosh has agreed to the McIntosh Loan to bridge a gap and facilitate the transactions. The McIntosh Loan is due for repayment on 31 December 2019. The West Cabin Loan is due for repayment no later than 28 February 2019. No interest accrues on this loan. The existing $3 million amount owed to Eureka by Couran Cove Holdings Pty Ltd is to be refinanced under a new secured loan to CCH Developments No 1 Pty Ltd. No interest accrues on this loan. The restructure of the $2.26 million and $3 million loans are subject to the conditions precedent. The completion of these transactions will result in Eureka receiving a substantial amount of cash of $3.60 million and a pathway to a further $0.67 million within 6-18 months. | 30/08/2018 |
Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Tuesday, 21 August 2018 will have its securities suspended from official quotation before the commencement of trading on Wednesday, 22 August 2018. The company has not paid its annual listing fees in respect of the year ending 30 June 2019 but the securities are already suspended from official quotation. In accordance with Listing Rule 16.5, entities that pay their annual listing fees after Tuesday, 21 August 2018 must 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 AEST on Tuesday, 28 August 2018 will be removed from the Official List with effect from the close of trading on Tuesday, 28 August 2018. | 22/08/2018 |
Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended. | 06/08/2018 |
Eureka Group Holdings Limited provides an update on the Couran Cove loan. The debt has since been reduced to $ 2.54 million. Couran Cove has now approached Eureka to seek variations to the loan repayment schedule including deferring some of the scheduled progressive repayments. Eureka has reserved its rights under the security agreements and is considering proposals submitted by Couran Cove. Eureka no longer anticipates full repayment of the remaining $2.54 million prior to 30 June 2018. Eureka is in advanced discussions with key stakeholders of Onterran Limited with a view to obtaining final payment early in the next financial year. | 15/05/2018 |
The company requests an extension of its voluntary suspension pending information about a likely recapitalisation. The event that will end the suspension will be the latter of an announcement about the terms of a proposed recapitalisation of Onterran or the lodgement of the outstanding Onterran Financial Reports. The timing of each of these events is uncertain but Onterran expects that the suspension will end on 29 June 2018. | 23/02/2018 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the wind down and closure of the McGrath subsidiary and information about the likely recapitalisation of Onterran. Onterran expects the voluntary suspension to last until Thursday 1 March 2018. | 01/12/2017 |
The company requests that its current voluntary suspension be extended pending completion of the wind-down and closure of the McGrath subsidiary and a trading update. The suspension is expected to last until 1 December 2017. | 25/09/2017 |
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately. | 22/08/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the wind-down and closure of the McGrath subsidiary. The company expects the voluntary suspension to last until Friday 22 September 2017. | 11/08/2017 |
The company requests that the current suspension of its securities be extended pending completion of the wind-down and closure of the McGrath subsidiary; entering into the DOCA for Bloomer and trading update. Onterran expects the voluntary suspension to last until Monday 11 August 2017. | 30/06/2017 |
The company provides an update. At the second meeting of creditors in the voluntary administration of Bloomer Constructions, creditors voted to enter into a DOCA. The formalities of entering into a DOCA are in the process of being completed. The wind down of the McGrath Modular business continues, with its final house having now been delivered to site. On completion of this house, McGrath will cease trading and take steps to close the business and thereafter provided an update to the market. | 30/06/2017 |
The company provides an update in respect of its construction subsidiaries. The second meeting of creditors in the voluntary administration of Bloomer Constructions is expected to be held between 28 June and 30 June 2017. The board has resolved to cease all activities and wind down the McGrath business. Contracts for two residential homes are expected to be completed in the coming weeks at which point all work on hand will be completed. | 31/05/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the divestment of the McGrath subsidiary and trading update. Onterran expects the voluntary suspension to last until Monday 3 July 2017. | 22/05/2017 |
Onterran Ltd announces that Voluntary Administrators have been appointed to oversee the affairs of its 100% owned subsidiary, Bloomer Constructions. | 28/04/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending completion of the divestments of the Bloomer and McGrath subsidiaries and trading update. Onterran expects the voluntary suspension to last until Monday 22 May 2017. | 10/04/2017 |
The company requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending an announcement about the potential divestment of a subsidiary and trading update. Onterran expects the voluntary suspension to last until Monday 10 April 2017. | 27/02/2017 |
Onterran Limited requests that the current voluntary suspension in respect of all of its securities quoted on the ASX be extended pending an announcement about the potential divestment of a subsidiary and trading update. The company expects the voluntary suspension to last until Monday 27 February 2017. | 20/02/2017 |
The securities of Onterran Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. | 14/02/2017 |
we understand that on or about this date the company consolidated its shares 1 for 8 | 25/08/2016 |
The suspension of trading in the securities of Onterran Limited (the "Company") will be lifted immediately, following the release by the Company of an announcement. | 12/07/2016 |
The company is please to make the following announcement about: the acquisition of certain assets at the Couran Cove Resort, South Stradbroke Island, QLD; the proposed issuance of redeemable convertible preference shares to fund the acquisitions; an EGM to be held on 15 August 2016 for shareholders to approve, among other things, the issuance of the RCPS and an 8 for 1 share consolidation; and a general business trading update. | 12/07/2016 |
The securities of Onterran Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. | 06/07/2016 |
name changed from Nomad Building Solutions Limited | 08/12/2015 |
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DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|---|
03/07/2015 | Heather Gardner | On market | 689,981 | $0.068 | $47,072 |
16/09/2014 | David Bottomley | On market | 1,625,000 | $0.043 | $70,459 |
16/09/2014 | Peter Constable | On market | 1,500,000 | $0.043 | $65,067 |
18/07/2014 | David Bottomley | On market | 625,000 | $0.038 | $23,510 |
18/07/2014 | Peter Constable | On market | 625,000 | $0.038 | $23,510 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Lachlan McIntosh | Executive Chairman | 03/10/2014 |
David Rosenblum | Director | 29/06/2017 |
Paul Fulloon | Director | 12/04/2018 |
David Bottomley | Alternate Director | 21/09/2012 |
Oliver Schweizer | Company Secretary | 10/11/2014 |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
Pat McMahon | CFO | 17/04/2015 | 12/06/2018 |
Heather Gardner | Non Exec Director | 10/11/2014 | 12/04/2018 |
Wayne Bloomer | Director, CEO | 04/05/2015 | 29/06/2017 |
Peter Constable | Non Exec Chairman, Independent Director | 23/08/2012 | 21/12/2015 |
David Franklyn | Chairman | 10/01/2011 | 20/04/2015 |
Andrew Sturcke | Executive Director, CEO | 13/06/2011 | 07/11/2014 |
Peter Hogan | Non Exec Director | 16/07/2012 | 30/11/2013 |
Peter Abery | Non Exec Chairman | 28/07/2008 | 28/11/2013 |
David Cochrane | Non Exec Director | 27/09/2011 | 31/10/2012 |
Michael Folwell | Non Exec Director | 23/08/2012 | 23/10/2012 |
David Craig | Non Exec Director | 29/11/2010 | 31/07/2012 |
Michael Bourke | Managing Director | 19/07/2010 | 12/03/2012 |
Date of first appointment, title may have changed.
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