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TIMBERCORP LIMITED (ASX.TIM)

ASX, Legal & CGT Status
Former (or subsequent) names
CompanyFROMTO
TIMBERCORP LIMITED13/09/1999
TIMBERCORP EUCALYPTS LIMITED13/09/1999
Shareholder links
Our website ranking of TIM: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details
Address: Level 8 , 461 Bourke Street , MELBOURNE , VIC, AUSTRALIA, 3000
Tel:  (03) 8615 1200 Fax: (03) 9670 4271

Date first listed: 30/05/1996

Sector: Materials
Industry Group: XMJ
Activities: Development, marketing and management of primary industry based projects and provision of finance to investors in the projects - also involved in eucalypt and olive harvesting operations

A copy of the company's minutes documenting key decisions about the company's administration (where the administration is not under S.436E or S.439A) are lodged with ASIC.

26/09/2024

The liquidator reports on their activities during the creditors' voluntary winding-up of the company.

08/08/2024

A copy of the company's minutes documenting key decisions about the company's administration (where the administration is not under S.436E or S.439A) are lodged with ASIC.

28/02/2024

a loss declaration has been issued today in respect of the 2005 ASX Listed Bonds (TIMHB) and the capital loss can therefore be claimed on these securities in the current financial year

25/05/2023

a loss declaration has been issued today in respect of the Unsecured Subordinate Reset Convertible Notes (TIMG) and the capital loss can therefore be claimed on these securities in the current financial year

24/05/2023

many shareholders in this company have unclaimed money due to them - 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

a loss declaration has been issued in respect of the Reset Preference Shares (TIMPB) and the capital loss can therefore be claimed on these securities in the financial year the declaration is issued

28/06/2012

delisted as the company did not pay to ASX Limited their annual listing fees in respect of the year ending 30 June 2012

29/08/2011

a loss declaration has been issued and the capital loss can therefore be claimed on the shares in the financial year the declaration is issued

24/06/2010

Select Harvests Limited (ASX: SHV) has been informed that 4.5 million of its shares previously owned by Almonds Australia Pty Ltd, a subsidiary of Timbercorp Limited have been placed by Bell Potter Securities to a range of high quality existing and new institutional and sophisticated investors. The shares were sold to Bell Potter Securities by Korda Mentha, the liquidators of Timbercorp Group. The 4.5 million shares represent 11.4% of Select Harvest's issued capital and were sold at a price of $3.85

01/04/2010

the liquidators of Timbercorp have published an advertisement in relation to shares owned by Timbercorp in Select Harvests in the Australian Financial Review today - they are offering the Timbercorp shareholdings for sale

23/02/2010

the Liquidators, on behalf of the Company continue to maintain the share registry of the Company, and will continue to process the change of address or an update of detail requests by shareholders

18/12/2009

Boundary Bend Limited has purchased all the Timbercorp olive assets at Boort and Boundary Bend for $59.5 million - the agreement was reached today with the Timbercorp Liquidator, Korda Mentha, after a competitive sale process that took place over several months

13/10/2009

an international forestry investment fund advised by Global Forest Partners (GFP) has signed a contract to buy the Timbercorp forestry assets. The business will trade under the name Australian Bluegum Plantations Pty Ltd (ABP). GFP is a leading international plantation forestry investment manager based in New Hampshire, USA

01/10/2009

the Liquidators of Timbercorp Limited (In Liquidation) hereby confirm that interest payments to TIMHB bond holders were suspended with effect from their appointment on 23 April 2009 - accordingly, no interest payments will be paid to TIMHB bond holders on 30 September 2009 - future payments of interest will also not be made until further notice by the Liquidators

29/09/2009

Gunns has submitted a conditional proposal to the liquidator of Timbercorp to acquire forestry assets

21/09/2009

the Liquidators of the Timbercorp Group of companies, today announced they had reached agreement concerning the sale of part of the Group ' s almond assets for a purchase price of $128 million

21/09/2009

report that three directors, Gary Lidell, Robert Hance and Sol Rabinowicz will be named as defendants in a class action, which involves Timbercorp investors who borrowed to buy into the company's investment schemes in 2007 and 2008 - the investors say the true state of the company's finances was not fully disclosed in those years, and if it had been, they would not have borrowed to invest

31/08/2009

the liquidators advise that until further notice, no dividends will be paid on TIMPB Reset Preference Shares

26/08/2009

creditors of Timbercorp Limited resolve to place Timbercorp into liquidation and Mark Korda and Leanne Chesser are appointed Liquidators

29/06/2009

gives notice under clause 7.2 of the Terms of Issue of the TIMG Notes that an acceleration event has occurred (same applies to the TIMPB Shares) - however, the administrators advise that, until further notice, no requests for redemption of TIMG Notes will be honoured

24/06/2009

a draft scheme was presented today to stakeholders and growers involved in the 2001-2005 Timbercorp Almond MIS projects by Align Funds Management

23/06/2009

the Administrators of the Timbercorp Group of Companies report on the Companies' business, property, affairs and financial circumstances

19/06/2009

Administrators of Timbercorp Limited (Administrators Appointed) hereby confirm that coupon payments to TIMG note holders were suspended with effect from their appointment on 23 April 2009. Accordingly no coupons will be paid to TIMG note holders on 31 May 2009

29/05/2009

company is suspended from quotation following the appointment of Mark Korda and Leanne Chesser as administrators - this never augurs well for shareholders

23/04/2009

reinstatement to official quotation

10/08/2004

securities suspended from quotation pending the release of an announcement by the company

09/08/2004

name changed from Timbercorp Eucalypts Limited

13/09/1999
View ASX Announcements (courtesy of ASX)

 

 

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ASX, Legal & CGT Status

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Any update on TIMG?

25/11/2020 15:34:05
Any news on TIMG?29/06/2014 05:15:54
WTF COMPANY18/07/2012 14:23:23
When might we know something about TIMPB ?25/06/2012 10:58:23
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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    11/12/2008Sol RabinowiczOn market100,000$0.090$9,000
    08/12/2008Kevin HayesOn market100,000$0.097$9,700
    16/01/2007John VaughanOn market100,000$2.940$294,000
    24/12/2005Sol RabinowiczOn market32,000$2.080$66,560
    12/12/2005Gary LiddellOn market320,000$2.910$931,200

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Rod FitzroyChairman
    Sol RabinowiczCEO
    John MurrayCFO
    Bill BessernerNon Exec Director
    Gary LiddellNon Exec Director
    David McKinnaNon Exec Director
    John VaughanExecutive Director
    Gideon MeltzerGeneral Manager
    Mark PrynCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Kevin HayesChairman14/10/200230/01/2009

    Date of first appointment, title may have changed.