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ARASOR INTERNATIONAL LIMITED(ARR)

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

Shareholder links

 

REGISTRY:

Security Transfer Australia Pty Ltd, 770 Canning Highway Applecross WA 6153

Tel : +61 3 9628 2200
Fax : +61 8 9315 2233
RegistryWebsite RegistryEmail

Company details

Address: Level 2, Spectrum 100 Railway Road SUBIACO WA 6008
Tel:  08 9367 8133 Fax: 08 9367 8812

Date first listed: 25/10/2006
Company Secretary: Ms Eryn Kestel
Sector: Technology Hardware & Equipment Industry Group: XIJ
Activities: Developer of integrated optoelectronic and wireless solutions

News & Events

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OFX Transferring Money Internationally to Free

name changed to Lionhub Group Limited

13/12/2013

releases June 2013 Interim Financial Report (PDF) December 2012 Annual Report (PDF) June 2012 Interim Financial Report (PDF) December 2011 Annual Report (PDF) June 2011 Interim Financial Report (PDF) December 2010 Annual Report (PDF) June 2010 Interim Financial Report (PDF) Results of General Meeting of Shareholders (PDF)

27/11/2013

Arasor International Limited announces that each of the nine (9) Resolutions put to the General Meeting of the Shareholders held on 26 November 2013 (including a one for ten share consolidation) were passed by the requisite majority. Each Resolution was carried on a combination of proxy and show of hands

26/11/2013

an Extraordinary General Meeting of Shareholders to be held on Tuesday, 26 November 2013 at 11.00am (AEDT) at Nicols and Brien, Level 2, 350 Kent Street, Sydney

25/10/2013

The company has not paid its annual fees in respect of the year ending 30 June 2014 but are already suspended from official quotation. In accordance with listing rule 16.5, entities that pay their annual listing fees on or after 23 August 2013must pay by bank cheque only. 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 EST on Thursday 29 August 2013 will be removed from the official list with effect from the close of trading on Thursday 29 August 2013.

23/08/2013

Arasor International Ltd announces that it will put a recapitalisation plan proposed by Benelong Capital Partners Pty Ltd to Shareholders within the next three (3) months. The documentation that will be prepared and distributed to Shareholders will be a Notice of Meeting including an Explanatory Statement and will be accompanied by an Independent Experts Report as to whether the plan proposed is fair and reasonable. Also as part of this plan, the current creditors trust deed will be amended and effectuated The current Directors, being Mr Reginald Bancroft, Mr Edward Li and Mr George Sycip, have resigned and have been replaced by Mr Steve Nicols, Mr Gregory Cornelsen and Mr William Ross. Furthermore Mr Bancroft has resigned as Company Secretary and has been replaced by Ms Eryn Kestel

14/05/2013

the proposal to recapitalise the company has been unsuccessful

12/04/2013

this company emerged from administration about a year ago - it is incredible that its board (Edward Li, George Sycip and Reg Bancroft) has so little regard for the shareholders that there has not been any notification to the market - that follows a period of about six months when BDO Partners seemed equally oblivious to the fact that this is still a listed company with shareholders

04/10/2012

company is apparently out of administration - hello company apparently comes out of administration - where is ASX? where is ASIC?

07/10/2011

BDO Partners Stephen Robert Dixon and Laurence Andrew Fitzgerald appear to have overlooked the fact that this company is listed and has shareholders - apart from notification of their appointment, not one release has been made to the market about this administration

30/09/2011

administrators from BDO have been appointed today - this never augurs well for shareholders

17/05/2011

company announces that following extensive investigations to seek out a potential business to acquire and take control of Arasor to create value for shareholders and creditors, it has, unfortunately, been unable to reach agreement on a proposal - consequently the Directors have resolved to appoint Stephen Dixon of BDO to administer the wind-up of the Company

12/04/2011

both motions considered at the AGM were carried on a show of hands as ordinary resolutions

17/03/2011

the board of directors withdrew resolution 3 from the agenda of the Company's annual general meeting - to delist the Company from the ASX

17/03/2011

releases AGM Presentation

25/02/2011

a proposal to de-list the Company will be put to shareholders at the general meeting to be held on 25 February 2011 - the primary reasons for the Board's decision to delist are a lack of liquidity, lack of scale of business and ASX and related costs of listing

27/01/2011

the Annual General Meeting of Shareholders of Arasor International Limited will be held at the offices of HLB Mann Judd (SA) Pty Ltd, Dowie House, 83-89 Currie Street, Adelaide SA 5000 on Friday 25 February 2011 at 11 am Adelaide time

27/01/2011

releases Full Year Statutory Accounts - 2009

30/12/2010

issues Half Yearly Report and Accounts

10/12/2010

in the case of both Xalted and SemIndia the Indian court has accepted ARR's petition and orders to wind up both the Companies have been granted. The case against Silk Telenetworks is in process of being compiled - in the case of both Xalted and SemIndia the Indian court has accepted ARR's petition and orders to wind up both the Companies have been granted. The case against Silk Telenetworks is in process of being compiled - Reg Bancroft, Arasor Chairman, added "It's regrettable that we had to resort to legal remedies with these companies but the board is very pleased that the court has found in Arasor's favor. Our lawyers, Zeus Law Associates, in Delhi have done a terrific job. Unfortunately, we understand that neither company is in good financial health and it remains to be seen whether they are in a position to reach a settlement in the short term. For the time being we are not able to count on this success bringing cash into the company in the short term."

07/12/2010

after continuous efforts for over almost three years to make the joint venture with ZTEI in Tianjin, China operational, the Board of Arasor International Ltd. (ARR.AX) has determined that a positive outcome is no longer possible and has consequently decided to pursue remedies against its former Executive Chairman, Dr. Simon Cao

25/11/2010

at the AGM all motions were carried on a show of hands as ordinary resolutions

17/06/2010

the Annual General Meeting of Shareholders of Arasor International Limited will be held at the Grevillea Room in the InterContinental Adelaide, North Terrace, Adelaide SA 5000 on Thursday 17 June 2010 at 10 am Adelaide time

21/05/2010

provides its annual report to 31 December 2008 - yes that's 2008 - company says it is aiming to have 2009 completed by 30 June 2010

30/04/2010

Arasor International Limited (ASX:ARR) has entered into an agreement to sell its Japan optical wafer fabrication facility and assets

01/04/2010

the company has ceased to negotiate further with three India based companies that have failed to pay outstanding debts totalling about US$29m and has resorted to legal action. Winding up petitions have been lodged with the Indian court in an effort to force the issue. If any fraud can be proven Arasor will prosecute to the full extent of the law

17/03/2010

company is still working with the auditors to complete the accounts - expected date of completion is late March 2010

02/03/2010

company says it has reached agreement with its JV partner in China

05/02/2010

in a barely legible release the company says it is still working with the auditors to complete the accounts - expected date of completion is mid to late Feb 2010

29/01/2010

company says it is still working with the auditors to complete the accounts - expected date of completion is end Jan 2010

05/01/2010

company says it is working with the auditors to complete the accounts - expected date of completion is end Dec 2009

30/11/2009

completes sale of Bandwidth Foundry International Pty Limited ("BFI") to the University of Sydney

05/11/2009

company says it is working with the auditors to complete the accounts - expected date of completion is end Nov 2009

02/11/2009

Letter of Intent to entered into to sell Bandwidth Foundry International Pty Limited ("BFI") to the University of Sydney

13/08/2009

company says it is working with the auditors to complete the accounts - no expected date of completion !!!

13/07/2009

company says it will take another month to complete the accounts

30/04/2009

IMF (Australia) Ltd is to fund claims that certain current and former ARR investors have against ARR - the claims relate to alleged misleading and deceptive conduct and alleged breaches by ARR of its continuous disclosure obligations between 23 August 2007 and 15 May 2008 in relation to the FY2008 earnings guidance issued by ARR

23/04/2009

company provides an almost illegible update on transactions and preparation of accounts

25/03/2009

securities suspended from quotation pending an announcement

26/02/2009

securities suspended from quotation following failure to lodge its half report for the period ended 30 June 2008

01/09/2008

securities reinstated

01/09/2008

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I had written off these buggers but I notice LHB currently still exists, much to my chagrin. There seems to be numerous resolutions for recapitalisation and scores of directors in the pig's trough.

02/07/2020 13:50:20
Letter received 13/12/13 fromSecurity Share Registrars Pty Ltd to say Arasor is now Lion Hub Group (LHB) as a result of AGM held on 28/11/13 and shares consolidated to 1 for every 10 held in ARR.  Shares in LHB still suspended.
13/12/2013 13:29:02
Does anyone know how to find how many shares I had in this company and what I paid for them?
28/06/2013 16:28:11
This highly mobile entity has moved from an Adelaide account's office and now operates from a PO box in Sydney with a place of business in Perth.  There is , as yet, no information regarding the >$40 million mislaid in India or whether any of that amount has been recovered.  The quicker this mob of US and other nationals is off my book the better.02/06/2013 10:23:54
Apparently there is yet a further interest now - but just tyr and get information
12/05/2013 11:41:04
i too would like to know

here i was getting ready to write them off as delisted since i had heard nothing on the results of their administration/liquidation

i come to this site and find they are apparntely out of administration?

so when can i claim a capital loss - just die already
15/05/2012 09:26:25
Do you know that this company delisted or comes back to life?01/04/2012 17:40:05

Company Updates

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    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    William RossDirector15/05/2013
    Steven NicolsDirector15/05/2013
    Greg CornelsenDirector15/05/2013

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Reg BancroftNon Exec Chairman, Independent Director17/09/200815/05/2013
    Edward LiIndependent Director16/09/200815/05/2013
    George SyCipNon Exec Director01/06/200615/05/2013

    Date of first appointment, title may have changed.