All correspondence to: admin@delisted.com.au or by mail to: PO Box 400 Crows Nest NSW 1585
26 April 2025
Name:
KINETIC POWER LIMITED (KPL)
Date of Delisting:
01 July 1999
Stock Exchange Status: (updated daily)
This entity was delisted from the Australian Securities Exchange on 01 July 1999.
Legal Status: (updated monthly)
ACN: 076 700 886 Registration Date: 09 December 1996 Deregistration Date: 06 December 2002
This entity was deregistered on 06 December 2002. It has thus ceased to exist.
Capital Gains Tax (CGT) Status: (updated at least quarterly)
This entity was deregistered on 06 December 2002. 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.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
KINETIC POWER LIMITED(KPL)
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News & Events
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the deregistration of this company has proceeded as anticipated - shareholders are now able to crystallise their capital loss for tax purposes as deregistration constitutes a Capital Gains Tax event allowing the claiming of the loss (we have not detailed the background as Kinetic has ceased to exist)
28/01/2003
ASIC anticipates that the deferral of the deregistration will expire on 6 December 2002 and the company will then be deregistered
26/11/2002
application lodged with ASIC by Perkins & Taylor for deferral of the deregistration of the company for 180 days
29/05/2002
application for deregistration received by ASIC from the liquidators Clout & Associates, stating that the affairs of the company had been fully wound up
27/12/2001
delisted by order of ASX
01/07/1999
KINETIC POWER LIMITED
the deregistration of this company has proceeded as anticipated - shareholders are now able to crystallise their capital loss for tax purposes as deregistration constitutes a Capital Gains Tax event allowing the claiming of the loss (we have not detailed the background as Kinetic has ceased to exist)
28/01/2003
ASIC anticipates that the deferral of the deregistration will expire on 6 December 2002 and the company will then be deregistered
26/11/2002
application lodged with ASIC by Perkins & Taylor for deferral of the deregistration of the company for 180 days
29/05/2002
application for deregistration received by ASIC from the liquidators Clout & Associates, stating that the affairs of the company had been fully wound up
27/12/2001
delisted by order of ASX
01/07/1999
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ASX Announcements (courtesy of ASX)
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