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24 April 2025
Name: | PRIME RETIREMENT AND AGED CARE PROPERTY TRUST (PTN) |
Date of Listing: | 03 August 2007 |
Date of Delisting: | 30 August 2012 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 30 August 2012.Legal Status:
ACN: 095 474 436
Deregistration Date: 29 May 2019
Capital Gains Tax (CGT) Status:
This entity was deregistered on 29 May 2019. 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.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:
Link Market Services Melbourne
Tower 4, 727 Collins Street Docklands VIC 3008
Tel : +61 3 9615 9800 or 61 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail
Managed Investment Scheme deregistered today | 07/04/2023 |
a loss declaration has been issued and the capital loss can therefore be claimed, if you are still a unitholder, in the financial year the declaration is issued - in this case 2017/18 | 03/04/2018 |
delisted following failure to pay annual listing fees in respect of the year ending 30 June 2013 | 30/08/2012 |
Mr Stirling Horne and Mr Petr Vrsecky of Lawler Draper Dillon are appointed Joint Liquidators to Australian Property Custodian Holdings Limited and all of the Prime Trust controlled entities | 22/11/2011 |
an extension to hold the 2nd meeting of creditors is granted - it can be held at any time until 16 November 2011 - a meeting is to be held with the solicitors representing the unitholder group - action may be taken agianst the manager of the villages (Lend Lease PrimeLife) - the actions taken by Receivers in respect of the individual villages will have a significant impact - background details can be accessed at this webpage APCH releases | 27/04/2011 |
the administrators are not in a position to provide the unitholders with a substantial report as to their findings and a recommendation as to the future of the entity | 14/04/2011 |
an informal proof of debt form which can be used by unitholders wishing to lodge a simplified claim in order to be recognised as a contingent creditor (meaning the value of such a claim is yet to be determined) and accordingly they will be admitted to vote at the second meeting of creditors for a nominal amount of $1, is made avaiable to unitholders - such unitholders should complete and sign the form and return to: Lawler Draper Dillon Level 12, 440 Collins Street MELBOURNE. 3000 Or alternatively scan and email the completed form to: prime@lawlerdd.com.au - background details can be accessed at this webpage APCH releases | 05/04/2011 |
briefings for unitholders are held in Brisbane, Sydney and Melbourne on 10, 11 and 12 January 2011 respectively - unitholders via the Prime Trust Action Group have raised a number of issues which the administrator is investigating - background details can be accessed at this webpage APCH releases | 12/01/2011 |
administrators release a report to unitholders - proceeds receivable from the sale of the retirement villages will determine outcomes for creditors and unitholders | 26/11/2010 |
Mr Stirling Horne and Mr Petr Vrsecky of Lawler Draper Dillon are appointed as Voluntary Administrators to Australian Property Custodian Holdings Limited - the board had intended to appoint PwC as voluntary administrators over the Prime Trust controlled entities but sees no advantage in appointing an alternative administrator and has thus appointed Mr Horne and Mr Vrsecky as Voluntary Administrators over all of the Prime Trust controlled entities | 18/10/2010 |
Australian Property Custodian Holdings Limited (APCH), as Responsible Entity for the Prime Retirement and Aged Care Property Trust (PRACPT), together Prime Trust, have today been advised of the appointment of receivers by Suncorp Metway Bank to its Bundaberg, Mackay and Townsville retirement villages - Prime Trust itself is expecting to appoint PwC as administrators on Monday | 15/10/2010 |
APCH sought the current suspension to enable it to undertake refinancing discussions with Prime Trust's existing and potential financiers to support its existing operations and to enable it to proceed with restructure proposals including the internalisation of management of its retirement villages. Having regard to Prime Trust's financial position, the Board of APCH believed that it was appropriate that these discussions be completed before securities in Prime Trust resume trading on ASX. APCH has been unable to obtain the necessary certainty of funding support to purchase the management rights of its retirement villages from Lend Lease Primelife Ltd pursuant to a call option. Accordingly APCH has not exercised its call option to purchase these management rights and, at noon on 31 August 2010, the call option expired. Discussions between APCH and existing financiers of Prime Trust are continuing with regard to Prime Trust's existing operations. Once the refinancing discussions are completed, APCH will make a further announcement. . The securities in Prime Trust have now been continued in suspension by ASX as Prime Trust has not completed, and lodged with ASX, its full year financial reports. Prime Trust's auditors are working to finalise the financial reports | 01/09/2010 |
the securities of Prime Retirement and Aged Care Property Trust (the "Trust") will be suspended from quotation immediately, at the request of the Trust, pending the release of a announcement by the Trust | 04/08/2010 |
Managed Investment Scheme deregistered today | 07/04/2023 |
a loss declaration has been issued and the capital loss can therefore be claimed, if you are still a unitholder, in the financial year the declaration is issued - in this case 2017/18 | 03/04/2018 |
delisted following failure to pay annual listing fees in respect of the year ending 30 June 2013 | 30/08/2012 |
Mr Stirling Horne and Mr Petr Vrsecky of Lawler Draper Dillon are appointed Joint Liquidators to Australian Property Custodian Holdings Limited and all of the Prime Trust controlled entities | 22/11/2011 |
an extension to hold the 2nd meeting of creditors is granted - it can be held at any time until 16 November 2011 - a meeting is to be held with the solicitors representing the unitholder group - action may be taken agianst the manager of the villages (Lend Lease PrimeLife) - the actions taken by Receivers in respect of the individual villages will have a significant impact - background details can be accessed at this webpage APCH releases | 27/04/2011 |
the administrators are not in a position to provide the unitholders with a substantial report as to their findings and a recommendation as to the future of the entity | 14/04/2011 |
an informal proof of debt form which can be used by unitholders wishing to lodge a simplified claim in order to be recognised as a contingent creditor (meaning the value of such a claim is yet to be determined) and accordingly they will be admitted to vote at the second meeting of creditors for a nominal amount of $1, is made avaiable to unitholders - such unitholders should complete and sign the form and return to: Lawler Draper Dillon Level 12, 440 Collins Street MELBOURNE. 3000 Or alternatively scan and email the completed form to: prime@lawlerdd.com.au - background details can be accessed at this webpage APCH releases | 05/04/2011 |
briefings for unitholders are held in Brisbane, Sydney and Melbourne on 10, 11 and 12 January 2011 respectively - unitholders via the Prime Trust Action Group have raised a number of issues which the administrator is investigating - background details can be accessed at this webpage APCH releases | 12/01/2011 |
administrators release a report to unitholders - proceeds receivable from the sale of the retirement villages will determine outcomes for creditors and unitholders | 26/11/2010 |
Mr Stirling Horne and Mr Petr Vrsecky of Lawler Draper Dillon are appointed as Voluntary Administrators to Australian Property Custodian Holdings Limited - the board had intended to appoint PwC as voluntary administrators over the Prime Trust controlled entities but sees no advantage in appointing an alternative administrator and has thus appointed Mr Horne and Mr Vrsecky as Voluntary Administrators over all of the Prime Trust controlled entities | 18/10/2010 |
Australian Property Custodian Holdings Limited (APCH), as Responsible Entity for the Prime Retirement and Aged Care Property Trust (PRACPT), together Prime Trust, have today been advised of the appointment of receivers by Suncorp Metway Bank to its Bundaberg, Mackay and Townsville retirement villages - Prime Trust itself is expecting to appoint PwC as administrators on Monday | 15/10/2010 |
APCH sought the current suspension to enable it to undertake refinancing discussions with Prime Trust's existing and potential financiers to support its existing operations and to enable it to proceed with restructure proposals including the internalisation of management of its retirement villages. Having regard to Prime Trust's financial position, the Board of APCH believed that it was appropriate that these discussions be completed before securities in Prime Trust resume trading on ASX. APCH has been unable to obtain the necessary certainty of funding support to purchase the management rights of its retirement villages from Lend Lease Primelife Ltd pursuant to a call option. Accordingly APCH has not exercised its call option to purchase these management rights and, at noon on 31 August 2010, the call option expired. Discussions between APCH and existing financiers of Prime Trust are continuing with regard to Prime Trust's existing operations. Once the refinancing discussions are completed, APCH will make a further announcement. . The securities in Prime Trust have now been continued in suspension by ASX as Prime Trust has not completed, and lodged with ASX, its full year financial reports. Prime Trust's auditors are working to finalise the financial reports | 01/09/2010 |
the securities of Prime Retirement and Aged Care Property Trust (the "Trust") will be suspended from quotation immediately, at the request of the Trust, pending the release of a announcement by the Trust | 04/08/2010 |
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It has been a headache for the last 10 Years. A portfolio prepared by certified advisor and $30,000 invested. 10 years later and no solution/answers? When? | 07/03/2017 11:55:42 |
Check out: primetrustactiongroup.com for regular updates | 04/02/2016 10:46:03 |
That Company took all my money ,because I trusted them. Never again . | 12/03/2015 15:06:38 |
In liquidation, with heavy financial litigations and ASIC proceedings against the RE and its directors. Investors can access liquidators: PKF Lawler's website at pklawler.com.au. The Prime Trust Action Group was active until Dec-2013; refer primetrustactiongroup.com/#/ptag-updates/4547598136, Pending further information from those sources, the value seems to remain at zero. | 08/07/2014 16:36:30 |
Keep these artclies coming as they've opened many new doors for me. | 27/09/2012 03:20:17 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Michael Wooldridge | Chairman | |
Neil Rodaway | Managing Director | 01/07/2007 |
Tony Hancy | Independent Director | |
Kim Jaques | Executive Director | 01/03/2001 |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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