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KOLLAKORN CORPORATION LIMITED (KKL)

Suspended from ASX

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

Shareholder links

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

 

REGISTRY:

Boardroom Pty Ltd, Level 12, 225 George Street, Sydney NSW 2000

Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000KKL8
Address: Level 11, 110 Mary St, Brisbane QLD 4000
Tel:  07 3182 3200 Fax: 07 3182 3299

Date first listed: 11/02/1993
Company Secretary: Julian Rockett
Sector: Technology Hardware & Equipment Industry Group: XIJ
Activities: Development, marketing and commercialisation of anti-fraud and product authentication technology including sub-surface laser marked sercurity seals and labels.
OFX Transferring Money Internationally to Free

The company has filed an application with the Supreme Court of NSW seeking validating orders. The proceeding is currently listed for a first hearing on 26 October 2020 10:00 AM AEDT. In respect of one of the placements in May 2017, the relevant shares were sold within 12 months contrary to the secondary trading restrictions under the Corporations Act. The company lodegd a cleansing prospectus with ASIC on 13 October 2020 to cleanse all shares so that subsequent trading is not subject to the secondary trading restrictions.

16/10/2020

The company is preparing an application to the Court to seek relief and orders to validate any prior trading in the relevent shares previously mentioned. The company's securities will remain suspended until the matter is completed.

14/10/2020

The company issues a prospectus for an offer of 1000 shares at an issue price of $0.015 each to remove trading restrictions on shares issued on or before the closing date.

13/10/2020

The company lodges its Quarterly Activities Report.

12/10/2020

The company lodges the following: Appendix 4C - July 2020, Appendix 4C - August 2020 and Appendix 4C - September 2020.

02/10/2020

Further to the lodging of Appendix 4E Preliminary Report, the accounts have not yet been audited and are likely to contain a modified opinion similar to that which was issued in relation to the year ended 30 June 2019. Such opinion is available in the Annual Report that was lodged with the ASX on 23 October 2019.

03/09/2020

The company lodges its Preliminary Final Report.

01/09/2020

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve 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.

13/08/2020

The company lodges its June 2020 Quarterly Activities Report.

12/08/2020

The company lodges its March 2020 Quarterly Activities Report.

12/08/2020

The company lodges its Appendix 4C - Monthly.

04/08/2020

The company lodges its Half Yearly Report and Accounts.

13/07/2020

The company lodges an Appendix 4C - May.

06/07/2020

The company lodges an Appendix 4C - April.

06/07/2020

The company lodges its Appendix 4C - March.

09/04/2020

The company lodges its Appendix 4C - February.

09/04/2020

The company has become aware that a number of issues of shares between December 2016 and November 2017 were made without disclosure documents to permit the immediate trading of the shares, given that the Company's shares had been suspended for more than 5 trading days in the 12 months prior to the Placements. The Company has identified that in respect of one of the Placements in May 2017, the relevant shares were on sold within 12 months contrary to the secondary trading restrictions under the Corporations Act. Therefore these shares remain subject to those secondary trading restrictions. The Company is taking all necessary steps to rectify the breaches on an expedited basis and will shortly lodge a prospectus to cleanse all shares issued under the Placements.

06/03/2020

The company lodges an Appendix 4C.

05/03/2020

The company issues a response to ASX Query Letter.

25/02/2020

The company releases its updated Corporate Governance Statement. Section 2.3 has been amended to provide additional detail regarding the independence of each director. Section 4.2 has been amended to correct a typographical error.

19/02/2020

The company lodges an Appendix 4C.

30/01/2020

The company lodges an Appendix 4C.

24/12/2019

The company lodges its Appendix 4C.

29/11/2019

The company releases the results of its meeting.

28/11/2019

The company releases the CEO's Address to Shareholders.

28/11/2019

With the company's technology partner, BCF Global, the company has taken a significant step in our smart city's strategy our focus on waste conversion. After intense pre-development work over the last 12 months, they are accelerating their strategy and mission to achieve zero waste and a landfill-free future. The company has established Kollakorn Environmental Services, whose objective is to maximise resource recovery through the reuse and recycling of waste materials and to create clean, renewable energy and fuels.

28/11/2019

The company lodges its Appendix 4C - quarterly.

31/10/2019

The company's AGM will be held at Level 14, 9 Hunter Street, Sydney NSW 2000 on 28 November 2019 at 3.30pm (AEDT).

28/10/2019

The company lodges its Annual Report to shareholders.

23/10/2019

The company releases its Appendix 4G and Corporate Governance Statement.

23/10/2019

The comany announces the continuing progress in the development of CertainID. The company will be releasing the CertainID Project Report, developed by Data61, on its website in the next few days. The company has also formalised a collaboration agreement with Infinity Optics. Kollakorn initially engaged with Infinity Optics to leverage their Iris Scanning technology as the input technology for CertainID. Using this technology, Data61 was able to develop a robust product that wraps our biometric authentication technology with a brand new patented biometric depth of field Iris/face-scanning technology that provides a less than 1 in 10 million false acceptance rate.

23/09/2019

The company provides information required for the issue of 22,222,221 fully paid ordinary shares. Of the 22,222,221 shares issued under the placement, 1,244,502 shares were issued using the company's placement capacity under ASX Listing Rule 7.1 and 20,977,719 shares were issued using the company's placement capacity under ASX Listing Rule 7.1A.

10/09/2019

The company lodges its Preliminary Financial Report - Further Details.

02/09/2019

The securities of Kollakorn Corporation Limited will be suspended from quotation immediately under Listing Rule 17.3, pending enquiries by ASX into the expected modified opinion from the auditor of KKL's accounts.

02/09/2019

we understand that on or about this date the company consolidated its shares 1 for 10

12/07/2017

The suspension of trading in the securities of Kollakorn Corporation Limited will be lifted immediately, following receipt of additional information demonstrating that the potential acquisition will not result in a significant change to the nature or scale of the Company's activities such that listing rule 11.1.3 applies.

22/12/2016

The directors of the company wish to announce the details of the proposed acquisition of all the issued capital of Isity Global Pte Limited. It is proposed by the directors of KKL that they will hold an EGM in February 2017 to consider the detailed terms of the acquisition. However, in order to lift the suspension of trading of the shares of KKL, the directors give this preliminary announcement.

22/12/2016

Kollakorn Corporation Limited (ASX: KKL), as per the discretion under Listing Rule 7.1. has today completed a placement of 8,050,846 Fully paid ordinary shares "“ in line with terms of employment of the CEO, in accordance with the announcement of 16/06/2016.

16/12/2016

Kollakorn Corporation Limited (ASX:KKL) advises that 5,000,000 unlisted options exercisable at $0.075 expired without exercise on 5 December 2016.

06/12/2016

The company issues a Response to Appendix 4C query.

05/12/2016

The company releases the results of its meeting.

28/11/2016

The securities of Kollakorn Corporation Limited will be suspended from quotation immediately, following receipt of an announcement regarding a transaction that could result in a change of its activities. The Company's securities will remain suspended until either the Company has complied with Chapters 1 and 2 of the Listing Rules in accordance with Listing Rule 11.1.3, or the Company provides ASX Limited with sufficient information to demonstrate that the potential acquisition will not result in a significant change to the nature or scale of the Company's activities such that listing rule 11.1.3 applies.

28/11/2016

name changed from MIKOH CORPORATION LIMITED

31/08/2012

ASX Announcements (courtesy of ASX)

 

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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
    Riad TayehChairman23/03/2009
    Dave MatthewsCEO30/05/2016
    Namchoke SomapaNon Exec Director03/06/2011
    Charles HuntingDirector10/02/2015
    Nicholas AstonDirector, CFO04/01/2012

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Richard SealyCOO29/11/201031/07/2018
    Sevag ChalabianChairman21/02/201106/02/2015
    Anthony SnapeDirector01/12/201014/07/2013

    Date of first appointment, title may have changed.