InvestoGain

Investogain Pty Limited
AFS Licence No. 334036

All correspondence to:
admin@delisted.com.au
or by mail to:
PO Box 400
Crows Nest NSW 1585

26 April 2025

Name:	INDUS COAL LIMITED (ICZ)
Date of Listing:	13 March 2012
Date of Delisting:	16 October 2017

Stock Exchange Status: (updated daily)

This entity was delisted from the Australian Securities Exchange on 16 October 2017.

Legal Status: (updated monthly)

Deregistration Date: 01 February 2021

This entity was deregistered on 01 February 2021. It has thus ceased to exist.

Capital Gains Tax (CGT) Status: (updated at least quarterly)

This entity was deregistered on 01 February 2021. Deregistration is a Capital Gains Tax Event. In our opinion you are entitled to crystallise any capital loss in the tax year that deregistration occurs providing you have not previously done so. If you did not crystallise your loss in the tax year the entity was deregistered, you may seek to re-open that year’s assessment but anyway should seek professional advice as to how best to proceed.

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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.

INDUS COAL LIMITED(ICZ)

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(5 out of 5)

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REGISTRY:

Level 5, 191 ST GEORGES TERRACE PERTH WA 6000

Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
Fax :
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Company details

Address: Level 1, 1251 Hay Street, WEST PERTH, WA, AUSTRALIA, 6005
Tel: (08) 6555 3280 Fax: (08) 6555 3281

Date first listed: 13/03/2012
Company Secretary:
Sector: Energy Industry Group: XEJ
Activities: Coal exploration in Indonesia

News & Events

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company deregistered today	01/02/2021
delisted from the commencement of trading Monday, 16 October 2017 pursuant to Listing rule 17.12.	16/10/2017
we understand the company has been delisted because of failure to have its securities quoted for more than three years	16/10/2017
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately.	22/08/2017
Discussions are continuing with financing parties to create a pathway for the commencement of development at the Block 9 tenement. The board is also consulting withe existing debtholders to restructure their debt and recapitalise the company to deliver a mutually beneficial outcome for all stakeholders prior to the automatic removal of the company from the ASX official list on 23 September 2017.	15/06/2017
BMC has received approaches from domestic and international offtake parties seeking long-term security of supply. The outcome of BMC's PLN submission in relation to the construction of a coal-fired steam power plant remains unresolved. The company's securities remain suspended at the request of the company pending the release of an announcement regarding the status of the potential development of Block 9 on or before 15 June 2017.	15/03/2017
BMC (Indus 38%) is continuing to address the preconditions required by Indonesian state owned electricity utility Perusahaan Listrik Negara (PLN) in relation to the construction of a coal fired steam power plant (CFSPP) and fund raising alternatives to enable the potential development of the Company's coal assets and address outstanding debt. Securities remain suspended at the request of the Company pending the release of an announcement regarding a funding strategy and outcome of BMC's PLN submission on or before 15 March 2017.	15/12/2016
The company continues to remain focused on monetising the Jambi Coal Projects (Indus 38%) to deliver a positive outcome for all stakeholders.	21/10/2016
BMC (Indus 38%) is continuing to address the preconditions required by Perusahaan Listrik Negara in relation to the construction a coal fired steam power plant. Indus requires immediate additional working capital and is continuing to pursue fund raising alternatives to enable the potential development of the Company's coal assets and address outstanding debt.	15/09/2016
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 22 August 2016 will have its securities suspended from official quotation before the commencement of trading on Tuesday 23 August 2016. The company has not paid its annual listing fees in respect of the year ending 30 June 2017 but the securities are already suspended from official quotation.	23/08/2016
The company wishes to advise that BMC (Indus 38%) is continuing discussions with the Indonesian state owned electricity utility Perusahaan Listrik Negara (PLN) in relation to a revised submission to construct a coal fired steam power plant. Indus requires immediate additional working capital to meet the terms of a Deed of Settlement and Release relating to costs associated with the Company's corporate office of $55,000 which is due by 30 June 2016.	15/06/2016
The board wishes to advise that BMC is continuing discussions with the Indonesian state owned electricity utility Perusahaan Listrik Negara in relation to a revised submission to construct a coal fired steam power plant. Also, whilst the debt restructure of the existing 2 bond issues has not yet completed, the Company was able to draw down $120,000 of a facility of up to $500,000 provided by clients of CPS Capital Group Pty Ltd to meet the immediate outstanding costs associated with the Company's corporate office.	15/03/2016
The company wishes to advise that CPS Capital is progressing with the raising of up to A$500,000 by way of a debt drawdown facility. An update on Mine Mouth POwer Project on Block 9 is also provided. The company requires immediate additional working capital to meet the terms of a Deed of Settlement and Release relating to costs associated with the Company's corporate office of $175,000 of which $120,000 is due by 28 January 2016.	22/01/2016
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it is continuing to negotiate details of the variation agreements to be entered into with financiers of its two existing bond issues	18/12/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it expects to be in a position to provide shareholders with details of the variation agreements entered into with financiers of its two existing bond issues by 18 December 2015.	20/11/2015
The company will provide details of the variation agreements entered into with financiers of its two existing bond issues by 20 November 2015. The board has continued to pursue capital raising alternatives to meet the company's immediate working capital requirements. The company's securities remain suspending pending the release of an announcement.	30/10/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it expects to be in a position to provide shareholders with details of the variation agreements entered into with financiers of its two existing bond issues by 30 October 2015. The company's securities remain suspended.	15/10/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it requires more time to finalise binding agreements with financiers to restructure the terms of its two existing bond issues. The Board wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding the debt restructuring and capital raising terms by 15 October 2015.	15/09/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it has made significant progress with financiers to restructure the terms of its two existing bond issues and expects to be in a position to announce the finalization of this process shortly.	01/09/2015
The following entity (Indus Coal Limited) has not paid their annual listing fees in respect of the year ending 30 June 2016 but the securities are already suspended from official quotation. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm AEST on Monday 31 August 2015 will be removed from the official list with effect from the close of trading on Monday 31 August 2015	25/08/2015
the Board wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalization of the restructuring of the terms of its 2 existing bond issues. The Company expects to conclude the restructuring of the terms of its 2 existing bond issues by Tuesday 1 September 2015.	21/08/2015
The Board wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalization of the restructuring of the terms of its 2 existing bond issues. As a consequence of the entering by BMC into the MOU outlined, the Company expects to conclude the restructuring of the terms of its 2 existing bond issues by Friday 21 August 2015.	31/07/2015
The company releases an amended competent person's statement regarding the JORC resource estimation.	22/07/2015
The company releases a competent person's statement regarding the JORC resource estimation. The resource estimation was completed by Geologica Pty Ltd in conjunction with Global Mining Services Pty Ltd.	22/07/2015
The highlights of the announcement are the following: a Memorandum of Understanding (MOU) was signed with a Tier 1 Chinese power plant engineering and construction company to develop a new mine mouth power plant on Block 9; the Tier 1 Chinese power plant engineering and construction company will finance the entire development cost of the power plant and mine; and capital raising.	21/07/2015
The company advises that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects.	30/06/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 30 June 2015	20/05/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 20 May 2015	15/04/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement.	15/04/2015
advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 15 April 2015	18/03/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 18 March 2015	24/02/2015
The Board advises shareholders that negotiations with groups interested in a potential transaction to acquire or co-fund Block 9 of the Jambi Coal Projects are subject to finalising an acceptable financing structure to meet the Company's existing obligations, including the Bridge Funding Facility and Secured Convertible Bonds. The Company's proposed refinancing terms are continuing to be considered by debt holders. The Board expects to be in a position to release an announcement with regard to these terms by 24 February 2015	30/01/2015
advises that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of discussions with existing financiers and third parties. The Board advises shareholders that negotiations with groups interested in a potential transaction to acquire or co-fund Block 9 of the Jambi Coal Projects are subject to finalising an acceptable financing structure to meet the Company's existing obligations, including the Bridge Funding Facility and Secured Convertible Bonds. The Company's proposed refinancing terms are being considered by debt holders	15/12/2014
advises that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of discussions with existing financiers and third parties	13/11/2014
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of discussions with existing financiers and third parties.	13/10/2014
The securities of Indus Coal Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: ICZ	23/09/2014
The suspension of trading in the securities of Indus Coal Limited (the "Company") will be lifted immediately, following receipt of an announcement regarding a capital raising. Security Code: ICZ	24/12/2012
The securities of Indus Coal Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: ICZ	20/12/2012

company deregistered today	01/02/2021
delisted from the commencement of trading Monday, 16 October 2017 pursuant to Listing rule 17.12.	16/10/2017
we understand the company has been delisted because of failure to have its securities quoted for more than three years	16/10/2017
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately.	22/08/2017
Discussions are continuing with financing parties to create a pathway for the commencement of development at the Block 9 tenement. The board is also consulting withe existing debtholders to restructure their debt and recapitalise the company to deliver a mutually beneficial outcome for all stakeholders prior to the automatic removal of the company from the ASX official list on 23 September 2017.	15/06/2017
BMC has received approaches from domestic and international offtake parties seeking long-term security of supply. The outcome of BMC's PLN submission in relation to the construction of a coal-fired steam power plant remains unresolved. The company's securities remain suspended at the request of the company pending the release of an announcement regarding the status of the potential development of Block 9 on or before 15 June 2017.	15/03/2017
BMC (Indus 38%) is continuing to address the preconditions required by Indonesian state owned electricity utility Perusahaan Listrik Negara (PLN) in relation to the construction of a coal fired steam power plant (CFSPP) and fund raising alternatives to enable the potential development of the Company's coal assets and address outstanding debt. Securities remain suspended at the request of the Company pending the release of an announcement regarding a funding strategy and outcome of BMC's PLN submission on or before 15 March 2017.	15/12/2016
The company continues to remain focused on monetising the Jambi Coal Projects (Indus 38%) to deliver a positive outcome for all stakeholders.	21/10/2016
BMC (Indus 38%) is continuing to address the preconditions required by Perusahaan Listrik Negara in relation to the construction a coal fired steam power plant. Indus requires immediate additional working capital and is continuing to pursue fund raising alternatives to enable the potential development of the Company's coal assets and address outstanding debt.	15/09/2016
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 22 August 2016 will have its securities suspended from official quotation before the commencement of trading on Tuesday 23 August 2016. The company has not paid its annual listing fees in respect of the year ending 30 June 2017 but the securities are already suspended from official quotation.	23/08/2016
The company wishes to advise that BMC (Indus 38%) is continuing discussions with the Indonesian state owned electricity utility Perusahaan Listrik Negara (PLN) in relation to a revised submission to construct a coal fired steam power plant. Indus requires immediate additional working capital to meet the terms of a Deed of Settlement and Release relating to costs associated with the Company's corporate office of $55,000 which is due by 30 June 2016.	15/06/2016
The board wishes to advise that BMC is continuing discussions with the Indonesian state owned electricity utility Perusahaan Listrik Negara in relation to a revised submission to construct a coal fired steam power plant. Also, whilst the debt restructure of the existing 2 bond issues has not yet completed, the Company was able to draw down $120,000 of a facility of up to $500,000 provided by clients of CPS Capital Group Pty Ltd to meet the immediate outstanding costs associated with the Company's corporate office.	15/03/2016
The company wishes to advise that CPS Capital is progressing with the raising of up to A$500,000 by way of a debt drawdown facility. An update on Mine Mouth POwer Project on Block 9 is also provided. The company requires immediate additional working capital to meet the terms of a Deed of Settlement and Release relating to costs associated with the Company's corporate office of $175,000 of which $120,000 is due by 28 January 2016.	22/01/2016
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it is continuing to negotiate details of the variation agreements to be entered into with financiers of its two existing bond issues	18/12/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it expects to be in a position to provide shareholders with details of the variation agreements entered into with financiers of its two existing bond issues by 18 December 2015.	20/11/2015
The company will provide details of the variation agreements entered into with financiers of its two existing bond issues by 20 November 2015. The board has continued to pursue capital raising alternatives to meet the company's immediate working capital requirements. The company's securities remain suspending pending the release of an announcement.	30/10/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it expects to be in a position to provide shareholders with details of the variation agreements entered into with financiers of its two existing bond issues by 30 October 2015. The company's securities remain suspended.	15/10/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it requires more time to finalise binding agreements with financiers to restructure the terms of its two existing bond issues. The Board wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding the debt restructuring and capital raising terms by 15 October 2015.	15/09/2015
The Board of Indus Coal Limited (ASX:ICZ) (Indus or Company) wishes to advise that it has made significant progress with financiers to restructure the terms of its two existing bond issues and expects to be in a position to announce the finalization of this process shortly.	01/09/2015
The following entity (Indus Coal Limited) has not paid their annual listing fees in respect of the year ending 30 June 2016 but the securities are already suspended from official quotation. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm AEST on Monday 31 August 2015 will be removed from the official list with effect from the close of trading on Monday 31 August 2015	25/08/2015
the Board wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalization of the restructuring of the terms of its 2 existing bond issues. The Company expects to conclude the restructuring of the terms of its 2 existing bond issues by Tuesday 1 September 2015.	21/08/2015
The Board wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalization of the restructuring of the terms of its 2 existing bond issues. As a consequence of the entering by BMC into the MOU outlined, the Company expects to conclude the restructuring of the terms of its 2 existing bond issues by Friday 21 August 2015.	31/07/2015
The company releases an amended competent person's statement regarding the JORC resource estimation.	22/07/2015
The company releases a competent person's statement regarding the JORC resource estimation. The resource estimation was completed by Geologica Pty Ltd in conjunction with Global Mining Services Pty Ltd.	22/07/2015
The highlights of the announcement are the following: a Memorandum of Understanding (MOU) was signed with a Tier 1 Chinese power plant engineering and construction company to develop a new mine mouth power plant on Block 9; the Tier 1 Chinese power plant engineering and construction company will finance the entire development cost of the power plant and mine; and capital raising.	21/07/2015
The company advises that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects.	30/06/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 30 June 2015	20/05/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 20 May 2015	15/04/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement.	15/04/2015
advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 15 April 2015	18/03/2015
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of refinancing terms with debt holders and a further secured loan for agreed working capital purposes as the Company completes a potential transaction with third parties to acquire or co-fund Block 9 of the Jambi Coal Projects. The Board expects to be in a position to release an announcement with regard to these terms by 18 March 2015	24/02/2015
The Board advises shareholders that negotiations with groups interested in a potential transaction to acquire or co-fund Block 9 of the Jambi Coal Projects are subject to finalising an acceptable financing structure to meet the Company's existing obligations, including the Bridge Funding Facility and Secured Convertible Bonds. The Company's proposed refinancing terms are continuing to be considered by debt holders. The Board expects to be in a position to release an announcement with regard to these terms by 24 February 2015	30/01/2015
advises that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of discussions with existing financiers and third parties. The Board advises shareholders that negotiations with groups interested in a potential transaction to acquire or co-fund Block 9 of the Jambi Coal Projects are subject to finalising an acceptable financing structure to meet the Company's existing obligations, including the Bridge Funding Facility and Secured Convertible Bonds. The Company's proposed refinancing terms are being considered by debt holders	15/12/2014
advises that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of discussions with existing financiers and third parties	13/11/2014
The Board of Indus Coal Limited (Indus or the Company) wishes to advise that its securities remain suspended at the request of the Company pending the release of an announcement regarding finalisation of discussions with existing financiers and third parties.	13/10/2014
The securities of Indus Coal Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: ICZ	23/09/2014
The suspension of trading in the securities of Indus Coal Limited (the "Company") will be lifted immediately, following receipt of an announcement regarding a capital raising. Security Code: ICZ	24/12/2012
The securities of Indus Coal Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: ICZ	20/12/2012

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Directors' on-market share transactions (last 5)

Purchases Sales

DATE	DIRECTOR	NUMBER	PRICE	AMOUNT
18/07/2013	Campbell Baird	150,000	$0.152	$22,747.00
09/07/2013	Ashish Patel	161,300	$0.126	$20,264.00
28/03/2013	John Kenny	2,517,232	$0.171	$430,702.00

Click here for the last 20 transactions all companies

Directors & Executives (current)

NAME	TITLE	DATE OF APPT
Scott Douglas	Executive Chairman	13/09/2011
Vinay Hariani	Executive Director	13/09/2011
Nithan Thiru	Executive Director	16/01/2016
Mark Clements	Company Secretary

Date of first appointment, title may have changed.

Directors & Executives (former)

NAME	TITLE	DATE OF APPOINTMENT	DATE OF RESIGNATION

Date of first appointment, title may have changed.