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VIETNAM INDUSTRIAL INVESTMENTS LIMITED (ASX.VII)

ASX, Legal & CGT Status
Former (or subsequent) names

 

Shareholder links
Our website ranking of VII: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Automic Registry Pty Ltd
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail

Company details
ISIN: AU000000VII5
Address: c/o Acumen Wealth Management Unit B8, Level 1 431 Roberts Road Subiaco WA 6008
Tel:  +618 9382 8808 Fax: +618 9388 8684

Date first listed: 18/09/1995

Sector: Materials
Industry Group: XMJ
Activities: Australian based company holding investments in the market of Vietnam

The liquidator reports on their activities during the court appointed winding-up of the company.

19/11/2024

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.

29/08/2024

The person or personnel who were appointed Liquidator or Provisional Liquidator of the company's assets have resigned or been removed.

17/05/2024

The company notifies ASIC of a change in the name or address of its directors or company secretary.

14/03/2023

court apppoints a liquidator

30/09/2022

delisted by ASX under Listing Rule 17.12

29/10/2021

we understand this company failed and ASX removed the company from listing because its securities have been suspended from quotation for a continuous period of two years

29/10/2021

The company received a rseponse from ASX regarding its request for an extension of reporting deadlines. ASX has advised that it will remove the company from the Official List from the commencement of trading on Friday 29th October 2021.

28/10/2021

In the half-year report to 30 June 2020, the Company reported that Nam Thuan Steel Joint Stock Company was in discussion with third parties to provide additional capital for NTSJSC. A local company has agreed to provide VND 398 billion, which will give it 35% of the issued capital, however, NTS-JSC have advised that the transaction has not been completed and an announcement will be made when and if the capital is provided. The assessment of the recovability of the company's financial exposure to NTS-JSC has not been physically possible due to COVID-19 lockdown restrictions. The Company's financial report for the year ended 31 December 2020 and 6-months ended 31 June 2021 remain outstanding however, the Company is working with its auditors in Vietnam and Australia to achieve sign-off on the audit as soon as practicable. The Company has commenced discussions with the ASX in respect of an extension to the date by which the Company will be automatically delisted which is currently scheduled for 17 September 2021.

10/09/2021

The Covid-19 situation is exacerbated by Vietnam having one of the lowest vaccination rates in ASEAN with only 0.4% of its population fully vaccinated and 4.3% partially vaccinated. Strict movement restrictions have been in force to limit the spread of the contagion and in recent weeks these have tightened further. All businesses are affected in some form. The Company currently has limited ability to buy raw materials, produce and sell finished product during this period of lockdown. Closely related to strict Covid-19 limitations, the Company has not lodged its financial accounts for the year ended 31 December 2020 due to the delay in finalizing audit matters for its largest subsidiary in Vietnam. At this stage it is likely that the Company's interim financial statements will also be delayed.

04/08/2021

The company lodges its Half Yearly Report and Accounts.

17/05/2021

The release of the company's Appendix 4E, due by 28 February 2021, will be delayed. The company is working with its new auditors, Hall Chadwick, to finalise the release of its financial statements for the half-year to 30 June 2020 and the year ended 31 December 2020.

23/02/2021

The company releases the results of its meeting.

07/12/2020

The company releases its Chairman's Address to Shareholders.

04/12/2020

The company releases its Appendix 4G Corporate Governance Statement.

18/11/2020

The company releases a notice of meeting. The AGM will be held as a virtual meeting on 4 December 2020 at 10.00am (WST).

03/11/2020

The company lodges its Preliminary Final Report.

03/11/2020

The company lodges its Annual Report 2019.

03/11/2020

The release of the company's Appendix 4D anf half-yearly financial statements will be delayed. They cannot be finalised until the 2019 financial statements are signed off and released. The company is finalising the release of its financial statements for the year ended 31 December 2019 with its auditors.

28/08/2020

The current global pandemic has delayed the Company's validation study initiatives and deferred the start of our Brazil laboratory. In comparison, both Germany and Hong Kong operations have slowed but remain operational. Book-order marginally affected with 1 contract cancellation and 6 new signed contracts.

22/06/2020

The company releases its Whistleblower Policy.

02/04/2020

The company is not in a position to finalise its Appendix 4E for the year ended 31 December 2019. The audit process is ongoing and engagement with group management is continuing. Until such time as the process concludes, VII's securities will continue to remain in suspension.

28/02/2020

The company anticipates the voluntary suspension will remain in place until the earlier of an announcement being made or Friday, 27 March 2020, whichever is the earlier.

07/02/2020

The company is continuing its review process regarding arrangements involving Nam Thuan Investment Development Co Ltd. This process involves continuing correspondence with local management and the engagement of external advisers. The possible outcomes of this review process remain incomplete and uncertain. The company anticipates the voluntary suspension will remain in place until the earlier of an announcement being made or Friday, 7 February 2020, whichever is the earlier.

20/12/2019

The company anticipates the voluntary suspension of its securities to remain in place until the earlier of an announcement being made regarding the review process involving Nam Thuan Investment Development or 20 December 2019, wihchever is earlier.

25/11/2019

The company anticipates the voluntary suspension will remain in place until the earlier of an announcement being made or 25 November 2019, whichever is earlier.

28/10/2019

The company anticipates the voluntary suspension to remain in place until the earlier of an announcement in relation to the review process involving Nam Thuan Investment Development or on 28 October 2019, whichever is earlier.

27/09/2019

The company has disposed of all of its shares in a subsidiary company, Total Building Systems. TBS has been sold to the Mr. Dau Hong Ngoc, TBS General Director, and Ms. Nguyen Thi Kim Oanh, a staff member, of that company for a consideration of VND9.1 billion (Approximately A$580,000). The consideration is payable in two tranches, VND900 million is due to be received by early next week with the balance of VND8.2 billion payable within 45 days of execution of the sale and purchase agreement (20 September 2019).

26/09/2019

The securities of Vietnam Industrial Investments Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of VII, pending the release of an announcement regarding a review of its relationship with Nam Thuan Investment Development Co Ltd.

16/09/2019

shares to be reinstated to quotation tomorrow

04/10/2011

suspended from quotation following failure to lodge financial reports

01/09/2011

the securities of Vietnam Industrial Investments Limited (the "Company") will be suspended immediately, being 31 August 2011, at the request of the Company

31/08/2011
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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    04/03/2019Henry Lam40,652$0.300$12,196
    27/02/2019Henry Lam18$0.300$5
    07/02/2019Henry Lam2,500$0.300$750
    24/01/2019Henry Lam2,736$0.300$821
    22/01/2019Henry Lam1,768$0.300$530

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Henry LamManaging Director, CEO22/02/1994
    Alan YoungNon Exec Director22/02/1994
    Henry ThongDirector, Company Secretary21/05/2020
    Brendon GryllsDirector15/06/2020

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Andrew WalkerNon Exec Director03/01/201219/05/2020
    Jonathan MurrayNon Exec Director19/01/201615/05/2020
    Roger KwokNon Exec Chairman30/11/200713/05/2020
    Michael MannNon Exec Director17/01/201718/02/2020
    Alex HamblyNon Exec Chairman06/11/200722/02/2013
    Mark ClementsNon Exec Director14/02/200606/12/2011

    Date of first appointment, title may have changed.