SPEEDCAST INTERNATIONAL LIMITED (ASX.SDA)

company deregistered today

The company notifies ASIC of the appointment or cessation of a director or company secretary.

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued (this declaration was issued on 29 June 2022)

Kathy Sozou and Jason Ireland of McGrathNicol appointed liquidators

delisted from the close of trading on Tuesday, 16 March 2021, pursuant to Listing rule 17.11.

we understand this company failed and ASX removed the company from listing because it has no material assets or liabilities and is to be liquidated

Speedcast has been granted additional relief from the obligation to lodge an audited financial report for the year ended 31 December 2019 (FY19). Speedcast has further been issued with relief from the obligation to lodge future half-year and full-year reports during the deferral period.

Speedcast Australia Pty Limited, one of Speedcast's group companies, has been granted relief from its obligations to report to members and lodge reports by the Australian Securities and Investments Commission.

Speedcast has been granted an extension of time to hold its annual general meeting for the financial year ended 31 December 2019 (2020 AGM). The Australian Securities and Investments Commission has granted the extension until one month after the day Speedcast lodges its FY19 audited financial reports.

The Speedcast business has successfully completed its restructuring, with new parent company, Speedcast Holdings III, replacing ASX listed Speedcast International Limited. The Speedcast business continues to serve customers, under Centerbridge Partners' new ownership. The former parent company of the Speedcast business, Speedcast International Limited, has no remaining material assets or liabilities and will shortly initiate a voluntary liquidation process (under which shareholders may be able to claim a tax loss on their shares in the most timely manner).

Speedcast has been granted an extension of time to hold its annual general meeting for the financial year ended 31 December 2019 (2020 AGM). The Australian Securities and Investments Commission has granted the extension until one month after the day Speedcast lodges its FY19 audited financial reports.

Speedcast has been granted additional relief from the obligation to lodge an audited financial report for the year ended 31 December 2019 (FY19). Speedcast has further been issued with relief from the obligation to lodge future half-year and full-year reports during the deferral period.

Speedcast Australia Pty Limited, one of Speedcast's group companies, has been granted further relief from its obligations to report to members and lodge reports by the Australian Securities and Investments Commission.

The company announces confirmation of plan of reorganisation. It expects to emerge from Chapter 11 in the first quarter of 2021.

Speedcast prepares for final restructuring steps. Speedcast designates Centerbridge Partners as Plan Sponsor following plan sponsor selection process.

Speedcast Sells Primary Maritime Customer Contracts to Inmarsat. Transfer includes Fleet Xpress, FleetBroadband, and Fleet One service contracts within the commercial maritime sector.

Speedcast Managed Services employees, assets and equipment to transfer to NBN Co. Speedcast will continue to work as a Retail Service Provider to deliver NBN Co's Business Satellite Service.

Speedcast files plan of reorganisation and disclosure statement outlining clear path to emergence from Chapter 11. Terms include a $500 million equity investment and a reduction in secured debt of $634 million.

Speedcast has filed a motion seeking court approval to replace its DIP financing. The US$285m refinanced DIP facility, funded by Centerbridge Partners, is an increase of US$100m over the company's previous DIP financing. The new DIP financing would equip Speedcast to continue its normal-course of operations, including serving customers and supporting business continuity while the company progresses negotiations with its largest lenders. ï‚· Speedcast remains committed to working with its customers and suppliers to ensure continuity of their critical telecommunications services.

Speedcast has received recapitalisation proposals from Black Diamond Capital Management and Centerbridge Partners. Speedcast is continuing to evaluate both proposals to maximise value for all creditors and certainty of outcome for all stakeholders in order to expeditiously conclude its recapitalisation.

Speedcast has received a US$395m equity commitment to complete chapter 11 recapitalisation. Plan subject to confirmation through the Bankruptcy Court. Provides for cash payments to holders of secured claims and certain unsecured trade creditors. Speedcast remains committed to working with its customers and suppliers through this unprecedented period to ensure continuity of their critical telecommunications services.

US Bankruptcy Court enters order establishing deadlines for filing proofs of claim in chapter 11 cases. The deadline, or "General Bar Date," is 6 August 2020 at 5.00pm (prevailing Central Time) for all creditors (other than governmental units).

S&P Dow Jones Indices announced today the changes in the S&P/ASX indices, effective at the open of trading on June 22, 2020. At this rebalance, Speedcast International LimitedSpeedcast International LimitedSpeedcast International Limitedentire S&P/ASX index hierarchy is reviewed, including the All Ordinaries. S&P/ASX 300 Index "“ Effective at the Open on June 22, 2020 - removal - Speedcast International Limited.

Speedcast Australia Pty Limited, one of Speedcast's group companies, has been granted relief from its obligations to report to members and lodge reports by the Australian Securities and Investments Commission.

Speedcast has been granted an extension of time to hold its annual general meeting for the financial year ended 31 December 2019 (2020 AGM). The Australian Securities and Investments Commission (ASIC) has granted the extension until one month after the day Speedcast lodges its FY19 audited financial reports.

Speedcast has been granted additional relief from the obligation to lodge an audited financial report for the year ended 31 December 2019 (FY19). Speedcast has further been issued with relief from the obligation to lodge future half-year and full-year reports during the deferral period.

US Bankruptcy Court makes order restricting certain trades in the Company's shares.

Speedcast has been granted an additional two week's relief from the obligation to lodge an audited financial report for the year ended 31 December 2019 (FY19).

Speedcast requests that the trading suspension remains in place until the later of such time that: Speedcast is able to provide audited 2019 Results to the market; and the Chapter 11 Restructuring process is completed.

Speedcast to recapitalise its balance sheet, through a voluntary process under chapter 11 of the US Bankruptcy Code. Commitment for up to US$90 Million in Debtor-in-Possession Financing will support ordinary course of business operations. The Company expects to honour customer and employee commitments worldwide, and to pay suppliers in the normal course of business for all goods and services from today forward. Speedcast remains committed to working with its customers and suppliers through this unprecedented period to ensure continuity of their critical telecommunications services.

Forbearance Agreement with lender group extended to 24 April 2020. Speedcast remains committed to working with its customers and suppliers through this unprecedented period to ensure continuity of their critical telecommunications services.

Speedcast has signed a Forbearance Agreement with its lender group in relation to certain obligations due 31 March 2020, and a potential covenant breach for the period to 31 December 2019. Speedcast continues to progress discussions with its lender group for an interim funding package, as part of an overall restructuring of the Company's balance sheet. Speedcast remains committed to working with its customers and suppliers through this unprecedented period to ensure continuity of their critical telecommunications services.

Speedcast has been granted one month's relief from the obligation to lodge an audited financial report for the year ended 31 December 2019 (FY19)

Speedcast has today released its 2019 Results, however notes that pwc's audit of the Company's 2019 Results has not yet been completed. pwc and Speedcast will continue to work to complete the audit as soon as possible. As advised in Speedcast's business update of 18 March 2020, the Company continues to hold discussions with its lenders and advisors in respect of a potential long-term recapitalisation of the business. Given the above matters, Speedcast requests that the trading suspension remain in place until Speedcast is able to provide audited 2019 Results to the market.

The company lodges its Appendix 4E and FY2019 Unaudited Financial Statements.

The company lodges its FY2019 Preliminary Financial Report and Appendix 4E.

The company provides a business update. The Board's extensive review of the FY19 result is progressing. FY20 performance has been affected by the heightened uncertainty surrounding the coronavirus, particularly within the Cruise segment. Additional funding is being sought to provide the opportunity to engage in meaningful discussions with the company's lending group and suppliers as part of an overall longer-term recapitalisation of the business. Potential sale of non-core assets continue to be pursued. Speedcast continues to operate as close to normal as possible.

Speedcast requests that the suspension remain in place until the earlier of Speedcast making the announcement in relation to its financial results for the year ended 31 December 2019 and the commencement of trading on 30 March 2020.

Speedcast requests that the suspension remain in place until the earlier of Speedcast making the announcement in relation to its Preliminary Financial Report and Appendix 4E for the year ended 31 December 2019 and the commencement of trading on 13 March 2020.

Speedcast requests that the suspension remain in place until the earlier of Speedcast making the announcement in relation to its financial results for the year ened 31 December 2019 or the commencement of trading on 27 February 2020.

The securities of Speedcast International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SDA, pending the release of an announcement regarding its financial results for the year ended 31 December 2019.

listed entity carried for record purposes only