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STERLING PLANTATIONS LIMITED(SBI)

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ASX, Legal & CGT Status

Former (or subsequent) names

Shareholder links

Our website ranking of SBI: rating 3
(3 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Level 17, 221 St Georges Terrace, Perth WA 6000

Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000SBI6
Address: 52 Ord Street West Perth WA 6005
Tel:  +61 401 876 534 Fax: +61 8 9352 5566

Date first listed: 25/09/2006
Company Secretary: 
Sector: Food Industry Group:  Beverage & Tobacco
Activities: Principally involved in oil palm plantation development and the sale and marketing of growers plots (being interests under the Golden Palm Growers Scheme) and manufacture of biodiesel from palm oil

News & Events

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The company has been deregistered as of 18/04/2025

18/04/2025

Strike-off action has been initiated against the company as of 06/02/2025

06/02/2025

delisted from the close of trading on Friday, 28 August 2020, pursuant to Listing rule 17.15.

28/08/2020

we understand this company failed to pay its annual listing fee on due date and ASX has accordingly removed it from the official list

28/08/2020

The following entity has not paid their annual listing fees in respect of the year ending 30 June 2021 but their securities are already suspended from official quotation.

24/08/2020

The company lodges its Quarterly Activities Report.

30/04/2020

The company lodges its Appendix 4C - quarterly.

30/04/2020

The company lodges an Appendix 4C - quarterly.

29/01/2020

The Judicial Commissioner at the High Court of Malaysia has delivered his judgement orders as follows: the Golden Palm Growers scheme be wound up; a liquidator be appointed and duly empowered to take responsibility to wind up the scheme; GPGB is to pay repurchase requests that have been submitted and received, and net yields pursuant to the terms of the trust deed or GMA's; and costs to be paid by GPGB t hte growers. The company will be evaluating its future plans and operations. The company will remain in voluntary suspension until these matters are resolved and is able to demonstrate compliance with relevant ASX Listing Rules.

14/11/2019

The company lodges its Appendix 4C - quarterly.

31/10/2019

The company lodges its Preliminary Final Report.

29/08/2019

The company has not paid their annual listing fees in respect of the year ending 30 June 2020 but the securities are already suspended from official quotation.

22/08/2019

The company lodges an Appendix 4C - quarterly.

29/07/2019

GPGB has made an application to the High Court of Malaya for the Growers Scheme to be wound up and a liquidator be appointed. The liquidator will be empowered by the court to act in the interest of all Growers. Growers include GPGB's 39.7% entitlement as a Grower under the Growers Scheme.

17/07/2019

The company lodges its Appendix 4C - quarterly.

30/04/2019

The company's subsidiary, Golden Palm Growers Berhad, held a general meeting of growers under the terms of the growers scheme on 22 April 2019. Resolutions 1 and 2 were rejected, and as a result, Resolution 3 was not required to be put to vote. Resolution 3 was for a final sale via public tender. GPGB will now commence discussion with its legal advisors to take steps to wind-up the Growers Scheme. In addition, in the event that GPGB is unable to provide the solvency declaration, GPGB will take steps to be placed under administration or liquidation.

26/04/2019

The company lodges its Half Yearly Report and Accounts.

28/02/2019

The company lodges its Appendix 4C - quarterly.

31/01/2019

The Plantation under the subsidiary company, Golden Palm Growers Berhad was put up for sale since October 2017. The Company is now in the final stages to be able to announce a Proposal to the Growers of GPGB which will give the Company an opportunity to seal a deal that will continue the Plantation on a firmer footing. The Company is in the process of finalizing the Proposal with their lawyers and advisers and is proposing to call for a General Meeting of all Growers in the very near future. As the Company is in voluntary suspension, this will continue until the Proposal to the Growers has been finalised as the Company is of the view that the Proposal may be market sensitive given the terms are in the final stages of being determined.

15/01/2019

The Company is still continuing its discussions in relation to the potential acquisition, therefore, the Company wishes to extend its current voluntary suspension.

18/12/2018

The Company requests an extension of the voluntary suspension until the earliest of the Company releasing an announcement, which it expects at this stage to make no later than Wednesday, 19 December 2018.

04/12/2018

The securities of Sterling Plantations Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SBI, pending the release of an announcement regarding a potential acquisition.

27/11/2018

name changed from STERLING BIOFUELS INTERNATIONAL LIMITED

07/11/2012

ASX Announcements (courtesy of ASX)

 

 

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Your comments

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 Most recent comments

?No trade on asx for long time. When company buy back the shares?

nn

15/04/2016 15:28:05

?When your company buy the shares?

04/02/2016 11:05:24

Company Updates

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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
    03/04/2013CRS Paragash9,815$0.060$589.00
    03/04/2013Andrew Phang9,815$0.060$589.00
    14/03/2013CRS Paragash190,000$0.060$11,360.00
    14/03/2013Andrew Phang190,000$0.060$11,360.00

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    CRS ParagashExecutive Chairman25/05/2006
    Eric JohnNon Exec Director15/11/2013
    Dhanesh GunaratnamExecutive Director19/09/2017
    Jackie LeongExecutive Director17/11/2011
    Andrew PhangExecutive Director25/05/2006
    Shaun MenezesCompany 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.