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26 March 2025
Name: | TETHYAN COPPER COMPANY LIMITED (TYC) |
Date of Delisting: | 19 May 2006 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 19 May 2006.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your 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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.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 following completion of the takeover offer by Atacama Copper Pty Limited | 19/05/2006 |
we understand Atacama was successful with an offer of $1.40 cash for each Tethyan share | 19/05/2006 |
company is to be suspended from quotation at close of trading on 16 May 2006 | 11/05/2006 |
demerged from Mincor Resources NL | 23/10/2003 |
when Tethyan Copper Company Ltd ("TCC") was demerged from Mincor Resources NL ("Mincor") the demerger involved a return of capital of $0.041 and a demerger dividend of $0.048 per share in Mincor - this amount was compulsorily applied as consideration for the acquisition of shares in TCC - Mincor shareholders were entitled to one TCC share for every 3.37 of their Mincor shares - - according to the Australian Taxation Office, Mincor advised that TCC represented 9.582% of the market value of the group as a whole just after the demerger - shareholders who received TCC shares should use this percentage to apportion the sum of the cost bases of their post-CGT Mincor shares between these shares and the TCC shares they received in relation to those post-CGT Mincor shares | 23/10/2003 |
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 following completion of the takeover offer by Atacama Copper Pty Limited | 19/05/2006 |
we understand Atacama was successful with an offer of $1.40 cash for each Tethyan share | 19/05/2006 |
company is to be suspended from quotation at close of trading on 16 May 2006 | 11/05/2006 |
demerged from Mincor Resources NL | 23/10/2003 |
when Tethyan Copper Company Ltd ("TCC") was demerged from Mincor Resources NL ("Mincor") the demerger involved a return of capital of $0.041 and a demerger dividend of $0.048 per share in Mincor - this amount was compulsorily applied as consideration for the acquisition of shares in TCC - Mincor shareholders were entitled to one TCC share for every 3.37 of their Mincor shares - - according to the Australian Taxation Office, Mincor advised that TCC represented 9.582% of the market value of the group as a whole just after the demerger - shareholders who received TCC shares should use this percentage to apportion the sum of the cost bases of their post-CGT Mincor shares between these shares and the TCC shares they received in relation to those post-CGT Mincor shares | 23/10/2003 |
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