October 20, 2017 3:40 PM ET

Hotels, Restaurants and Leisure

Company Overview of Planet Platinum Limited

Company Overview

Planet Platinum Limited engages in the operation of a bar. It operates the Showgirls Bar 20 club in Melbourne; and involves in the rental of a property located at Horne Street, Elsternwick in Victoria. The company was incorporated in 2002 and is based in Elsternwick, Australia.

Level 2

13 Horne Street

Elsternwick, VIC 3185

Australia

Founded in 2002

Phone:

61 3 9528 4944

Fax:

61 3 9523 5627

Key Executives for Planet Platinum Limited

Executive Chairman and Chief Executive Officer
Age: 71
Compensation as of Fiscal Year 2017.

Planet Platinum Limited Key Developments

Planet Platinum Limited Removed From Official List Of ASX

As from the commencement of trading on March 9, 2016, Planet Platinum Limited was removed from the Official List pursuant to Listing rule 17.12.

Planet Platinum To Be Sold

Planet Platinum Limited is to be sold. Court winds up Planet Platinum over 'mismanagement', Showgirls Bar 20 and Daily Planet to be sold. Planet Platinum will pop no more corks after a court decided to liquidate the company over mismanagement, misconduct and deplorable lack of knowledge by its founder. The Supreme Court of Victoria found Planet Platinum director Joe Trimble had breached the Corporations Act on multiple occasions during the company's period listed on the Australian Securities Exchange. Showgirls Bar 20 will be sold following the liquidation of Planet Platinum. "The manner in which Planet Platinum has been managed justifies the winding up of Planet Platinum, even though it is solvent," Associate Justice John Efthim said. The decision thrusts Daily Planet in Elsternwick and Showgirls Bar 20 on King Street in the Melbourne CBD onto the market. Reports had pegged Grollo family scion Lorenz Grollo as the would-be buyer with the plot expected to help the construction heir complete a full redevelopment of the Rialto complex.

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Recent Private Companies Transactions

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