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KADDY LIMITED(KDY)

Click here for free access to this company's:
ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
DW8 LIMITED15/12/202115/12/2022
DIGITAL WINE VENTURES LIMITED07/12/201815/12/2021
DAWINE LTD01/03/201707/12/2018
BRAND NEW VINTAGE LIMITED03/04/200801/03/2017
GLOBAL WINE VENTURES LTD25/08/200503/04/2008
XANADU WINES LIMITED25/08/2005

Shareholder links

Our website ranking of KDY: rating 2
(2 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Level 5, 191 ST GEORGES TERRACE PERTH WA 6000

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

Company details

ISIN: AU0000259897
Address: Level 7, 61 York Street SYDNEY NSW 2000
Tel:  +61 (2) 8363 3351 Fax: +61 8 9262 3723

Date first listed: 04/04/2001
Company Secretary: 
Sector: Food, Beverage & Tobacco Industry Group: 
Activities: Digital Wine Ventures aims to identify and invest in early stage technology-driven ventures with the potential to disrupt and digitally transform the global beverage market

News & Events

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Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

03/03/2025

delisted by ASX under Listing Rule 17.12

02/03/2025

we understand the company was delisted because its securities have been suspended from trading for a continuous period of more than 2 years

02/03/2025

The company releases a letter to shareholders. It states that it has executed a DOCA to limit its operations to those of the listed non-trading holding company of the former group. Lecca Group Pte Ltd supports the company and is seeking new opportunities, including re-acquiring the Marketplace business. The Kaddy Limited Creditors' Trust plans to declare a first and final dividend on 11 April 2025, with a Proof of Debt deadline of 7 March 2025.

27/02/2025

The company releases its Quarterly Appendix 4C Cash Flow Report.

26/02/2025

The entities suspended for over three months failed periodic reports, the oldest outstanding report deadline, and their 2 year deadline for trading plans. If not met, they will be removed from the official list, usually after the first trading day.

22/01/2025

ASX releases a notice regarding long-term suspended entities. The company's securities have been suspended for more than 3 months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

18/10/2024

The company lodges its Quarterly Appendix 4C Cash Flow Report.

16/09/2024

The company lodges its Half Yearly Report and Accounts.

11/09/2024

The company lodges its Appendix 4C Cash Flow Report.

05/08/2024

The market announcement titled "˜Long Term Suspended Entities' released by ASX on 10/07/2024 contained an error relating to Kaddy Limited ("˜KDY'). The 1 year deadline date for KDY was stated to be 29/02/2024. The correct 1 year deadline date for KDY is 28/02/2025.

11/07/2024

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

10/07/2024

The company lodges its Quarterly Appendix 4C Cash Flow Report.

08/05/2024

The company releases a letter to its shareholders about its Quarterly Activities Report and Appendix 4C Cashflow Reports.

01/03/2024

The company lodges its Quarterly Appendix 4C Cash Flow Report.

01/03/2024

The company lodges its Annual Report to shareholders.

28/02/2024

The company lodges its Half Year Accounts.

27/02/2024

The company releases a letter to its shareholders regarding the late lodgment of director's notices noting that on 4 May 2023 the Company appointed voluntary administrators pursuant to section 436A of the Corporations Act 2001 (Cth). The Company remained under the control of the voluntary administrators until 4 July 2023, when control of the Company was returned to its directors.

26/02/2024

The Company executed a DOCA on 30 June 2023. The DOCA gives effect to the Deed Proposal made by Lecca (A) Pty Limited (or party nominated by Lecca Group Pte Limited) which was approved by creditors of the Company at the creditors' meeting held on 8 June 2023. Upon the DOCA being executed, the voluntary administration of the Company terminated. Pursuant to the DOCA, Rajiv Goyal, Chris Johnson, and Joseph Hayes of Wexted Advisors have been appointed administrators of the DOCA. The Deed Administrators are responsible for the administration of the DOCA. The Company's subsidiary CGWDH Pty Ltd ACN 168 597 911 was a dormant entity, had no creditors and was therefore returned the control of its directors on 19 June 2023.

03/07/2023

All financial reporting obligations of KDY under Part 2M.3 of the Act are deferred until: if the external administration ends prior to 4 November 2023 (inclusive), 6 months from the date of the appointment of the Administrators; or if the external administration extends beyond 4 November 2023, the earlier of: 24 months from the date of the appointment of the Administrators; and the day the external administration of the KDY ends.

25/05/2023

The Administrators are pleased to announce completion of the sale of the "˜Marketplace' business formerly operated by Kaddy Australia Pty Limited on 23 May 2023 to Kaddy Marketplace (Aust) Pty Limited who are supported by the Lecca Group. The transaction occurred following an expression of interest campaign. The loss making fulfillment and logistics side of the business is being wound down. The Administrators are working with landlords and interested parties on a site-bysite basis to hand over sites and return third party owned stock to Kaddy customers. The second meetings of creditors will be held for each of the entities within the Kaddy Group on 8 June 2023.

24/05/2023

On 4 May 2023 to appoint Rajiv Goyal, Chris Johnson, and Joseph Hayes of Wexted Advisors as Voluntary Administrators of the entities within the Kaddy Group. The Administrators are undertaking an urgent assessment of the Kaddy Group and will be looking to sell the business as a going concern or recapitalisation via a Deed of Company Arrangement. A first statutory meetings of creditors must be held within eight business days after the administrations begins and are expected to take place on Tuesday, 16 May 2023.

05/05/2023

Voluntary administrators have been appointed.

04/05/2023

The Company requests that the voluntary suspension remains in place until the Company makes the announcement in relation to a capital raising, which it expects to make on or before market open Wednesday 10 May 2023.

03/05/2023

The Company requests that the voluntary suspension remains in place until the Company makes the announcement in relation to a capital raising, which it expects to make on or before market open Wednesday 3 May 2023.

26/04/2023

The Company requests that the voluntary suspension remains in place until the Company makes the announcement in relation to a capital raising, which it expects to make on or before market open Wednesday 26 April 2023.

18/04/2023

The Company requests that the voluntary suspension remain in place until the Company makes the announcement in relation to a capital raising, which it expects to make on or before market open Tuesday 18 April 2023.

11/04/2023

The company releases a notification of cessation of securities.

05/04/2023

The Company requests that the voluntary suspension remain in place until the Company makes the Announcement to the market in relation to a capital raising, which it expects to make on or before market open Tuesday 11 April 2023.

04/04/2023

The Company requests that the voluntary suspension remains in place until the Company makes the Announcement to the market, which it expects to make on or before market open Tuesday 4 April 2023.

28/03/2023

The Company requests that the voluntary suspension remain in place until the Company makes the Announcement to the market, which it expects to make on or before market open Tuesday 28 March 2023.

23/03/2023

The Company requests that the voluntary suspension remains in place until the Company makes the announcement to the market in relation to a capital raising, which it expects to make on or before market open Tuesday 21 March 2023.

14/03/2023

The Company requests that the voluntary suspension remains in place until the Company makes the announcement in relation to a capital raising, which it expects to make on or before market open Tuesday 14 March 2023.

07/03/2023

The securities of Kaddy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of KDY, pending the release of an announcement in relation to a capital raising.

28/02/2023

The suspension of trading in the securities of Kaddy Limited will be lifted immediately following the release of announcement by KDY regarding a capital raise.

19/12/2022

The company releases a notice of proposed issue of securities.

19/12/2022

Triton Growth Management has agreed to invest up to A$7.0m (before costs) into Kaddy via a Convertible Note. A$0.7m has already been received by Kaddy with A$1.3m to be received by the end of January, with an additional A$5.0m available on the same terms, subject to mutual agreement from both parties. Existing major shareholders and senior management are investing A$0.974m in the Convertible Note, including A$0.35m from the Directors and new CEO, Steve Voorma. Total cash received to date under the Convertible Note totals A$1.674m. The strategic investment strengthens Kaddy's balance sheet and bolsters its cash reserves. The funds will be used as working capital and to help scale the Kaddy platform. The combination of additional funding with the significant cost reductions, driven by exiting the consumer segment and focusing solely on the Core B2B customers in Fulfilment and Marketplace, extends the Company's cash runway. Cost savings target of A$5.7m p.a. on track, of which A$2.1m p.a. has already been realised.

19/12/2022

The company releases its constitution.

16/12/2022

The company releases a letter to its option holders.

15/12/2022

name changed from DW8 Limited

15/12/2022

ASX Announcements (courtesy of ASX)

 

 

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ASX, Legal & CGT Status

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    06/05/2022Dean Taylor-3,000,000$0.029$87,405.00
    15/12/2021Dean Taylor-2,000,100$0.123$246,579.00
    11/02/2021Dean Taylor100,804$0.090$9,072.00
    02/11/2020Dean Taylor250,000$0.040$10,000.00
    17/03/2020Dean Taylor1,367,817$0.005$6,839.00

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Paul EvansNon Exec Chairman01/11/2019
    Steve VoormaCEO11/10/2022
    Andrew OngCFO06/02/2023
    Brian GoodridgeNon Exec Director30/03/2023
    Chooi TehDirector30/06/2023
    Thomas AmosDirector30/06/2023
    Arron CanicaisCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.