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20 April 2025
| Name: | UNITED ENERGY LIMITED (UEL) |
| Date of Delisting: | 28 July 2003 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 28 July 2003.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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
delisted at the request of the entity following implementation of scheme of arrangement | 28/07/2003 |
we understand a Scheme of Arrangement between United Energy and its shareholders was approved by the Court and by shareholders - under the scheme Power Partnership acquired all of the shares in United Energy not already held by it for $3.15 cash per share | 28/07/2003 |
on 23 July 2003 Alinta Ltd and United Energy Ltd entered into a scheme of arrangement under which Alinta acquired all the United Energy shares it did not already own - shareholders received $3.15 for each United Energy share they held - the date the shares were disposed of under the takeover was 23 July 2003 - according to the Australian Taxation Office, if the capital proceeds of $3.15 was more than the cost base of the share, the difference was a capital gain in 2003-04 - if $3.15 was less than the share's reduced cost base, the difference was a capital loss | 23/07/2003 |
delisted at the request of the entity following implementation of scheme of arrangement | 28/07/2003 |
we understand a Scheme of Arrangement between United Energy and its shareholders was approved by the Court and by shareholders - under the scheme Power Partnership acquired all of the shares in United Energy not already held by it for $3.15 cash per share | 28/07/2003 |
on 23 July 2003 Alinta Ltd and United Energy Ltd entered into a scheme of arrangement under which Alinta acquired all the United Energy shares it did not already own - shareholders received $3.15 for each United Energy share they held - the date the shares were disposed of under the takeover was 23 July 2003 - according to the Australian Taxation Office, if the capital proceeds of $3.15 was more than the cost base of the share, the difference was a capital gain in 2003-04 - if $3.15 was less than the share's reduced cost base, the difference was a capital loss | 23/07/2003 |
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