RANGE INTERNATIONAL LIMITED (RAN)

The suspension of trading in the securities of Range International Limited will be lifted immediately following its compliance with ASX's reinstatement conditions.

The company releases the following: Pre-Reinstatement Disclosure, Reviewed Pro Forma Balance Sheet, Top 20 Holders Report, and Distribution Schedule.

The company entered into loan facility agreements totaling A$575,000 after market close on 24 December 2024. The facilities are being provided by directors and management to strengthen the company's cash position and reinstate its securities to the Official List of ASX.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

ASX releases a notice regarding long-term suspended entities. The company's securities have been suspended for more than 3 months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company releases its Appendix 4D and Half Year Financial Report.

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

Range International Limited has acquired the Cairns pilot plant back from an entity associated with the Company's Executive Chairman for A$140,660, which is otherwise on the same terms as previously sold to the entity. The ASX subsequently advised the Company that it considered that the Company had breached ASX Listing Rule 10.1. The Board wishes to iterate that it respects the ASX Listing Rules and there was absolutely no desire to breach the ASX Listing Rules at the time, and the Board took steps, on arm's length commercial terms, which were considered necessary in the interests of all shareholders to extend the Company' liquidity position. The Board has taken active steps to improve its cash position and has liaised with ASX to ensure that the ASX Listing Rule 10.1 breach can be remedied to its satisfaction. Completion is scheduled to occur on or around 20 June 2024.

The company releases the results of its capital meeting.

The Australian Securities and Investments Corporation has restricted the company from using transaction-specific disclosure exceptions under s713(6) of the Corporations Act 2001 until 9 May 2025. This means the company cannot use reduced disclosure/special prospectus rules under s713 and must issue a full prospectus to raise funds from certain investors. The restriction will not affect the company's operations or business.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company sends a letter to shareholders about its annual general meeting, distributing physical copies of the Notice of Meeting to those who have elected to receive it in physical form. Electronic communications will be sent to shareholders with a link to the Notice and proxy voting form. Voting is crucial, and attendees should bring a proxy form for registration.

The company will hold its annual general meeting at 9:00am AEST on Thursday 30 May 2024 at Level 5, 126 Phillip Street, Sydney, NSW 2000.

The company lodges its Preliminary Final Report.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company releases a notification of cessation of securities.

The Company has completed the sale of the HGB leasehold in Indonesia. The Company will continue manufacturing pallets in East Java in the current factory for the next 11 months. The Company does not envisage the transaction will impact production during this period. The sale of the HGB leasehold does not include any manufacturing machinery. Prior to November 2024, the Company expects to lease more appropriately sized premises, relocate plant and equipment closer to its main customers and suppliers and commence manufacturing Re>Pal pallets in Jakarta.

The company's subsidiary, P.T. Re>Pal International Indonesia, has received a major purchase order from P.T. Frisian Flag Indonesia, a subsidiary of global dairy product giant FrieslandCampina, for Re>Pal pallets for use within its new factory in the Cikarang industrial district of West Java. This is Re>Pal's first significant order from FFI which manufactures and distributes dairy products throughout Indonesia. The overall value of the contract when complete, excluding delivery costs and VAT, is IDR 21 billion (approximately US$1.350 million). Customary conditions such as acceptable quality thresholds will apply for the duration of the contract. The delivery of the new pallets to FFI will commence in Q2 2024 and is expected to be completed in Q2 2025.

P.T. Re-Pal International Indonesia, a wholly owned subsidiary of the Company, has entered into an agreement for the sale of its Hak Guna Baguna lease in Pasuraun, East Java, Indonesia to P.T. Bumi Mandiri Resources, a large manufacturer in Indonesia. The Transaction is expected to complete within 30 working days.

The company lodges its Appendix 4D and Half Year Financial Report.

There will be a delay in the lodgment of the Appendix 4D and the Half-Year Financial Report for the period ending 30 June 2023. The delay is to allow the Company's Auditor, LNP Audit and Assurance Pty Ltd, time to finalise its review, which is now well progressed. While the Company had anticipated that the audit would be finalised to allow for the release of the Appendix 4D and Half-Year Financial Report by 31 August 2023, the steps taken to ensure the thoroughness of the audit process have caused further delay.

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday, 21 August 2023 would have its securities suspended from Official Quotation before the commencement of trading on Tuesday, 22 August 2023. The following entity has failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2024 and consequently will have its securities suspended from quotation immediately. The company has failed to pay to ASX the annual listing fees for the year ending 30 June 2024, and its securities are already suspended from quotation.

The securities of Range International Limited were suspended from quotation on 28 December 2022, pending the release of an announcement regarding an update on the ITO Amended Assessment relating to FY2018. RAN has since provided the update on the ITO Amended Assessment, but ASX has concerns about RAN's level of operations and financial condition in addition to having taken enforcement action against RAN for a breach of Listing Rule 10.1. As a consequence, the securities of RAN will now be suspended from quotation by ASX under Listing Rule 17.3.1. The securities will remain suspended until RAN demonstrates compliance with Listing Rules 12.1 and 12.2, remedies the breach of Listing Rule 10.1 and ASX considers it is otherwise appropriate for RAN's securities to be reinstated to quotation.

Following receipt of a letter from the ASX dated 25 July 2023, the Company is required to address various matters outlined in the Letter relating to the sale of the plant and equipment of its Cairns pilot plant by releasing an announcement to the ASX. The items required to be addressed are emphasised under the following headings: Notification to the market that ASX has taken enforcement action against RAN for breaching Listing Rule 10.1 and why; Notification to the market as to what RAN is proposing to do to ameliorate the Breach and the timeframe under which RAN expects it will be able to remedy the breach; and Notification to the market that the securities of RAN will not be reinstated until the Breach has been remedied and RAN has demonstrated compliance with Listing Rules 12.1 and 12.2.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company releases the results of its meeting.

The company releases its Chair Address - 2023 AGM.

The company releases a notification of cessation of securities.

The company releases its response to ASX query letter.

The company releases a notification of cessation of securities.

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

The company lodges its Annual Report.

The company releases an Appendix 4E.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company's AGM will be held on 30 May 2023 at 2:00 PM AEST at Level 5, 126 Phillip Street, Sydney, NSW 2000.

The following unlisted options are due to expire: RANAH 36,000,000 $0.02 12 May 2023; RANAL 45,000,017 $0.035 27 May 2023. Any participant wishing to exercise their options must forward a completed option exercise form and payment prior to 5.00pm (AEST) on the expiry date.

The company's AGM is scheduled for 30 May 2023. Further details will be confirmed in due course.

There will be a delay in the lodgment of the Appendix 4E and the Preliminary Financial Report for the full year ending 31 December 2022. This is because the company still has essential audit issues to deal with. Both Range's Australian auditors, LNP Audit and Assurance, and Range's Indonesian auditors, Moores Rowland, are working to complete however many complex issues are at play and are still being resolved.

Range maintains its position that the shareholder loans to Re>Pal meet the WHT exemption requirements and that Re>Pal did not dispose of the fixed assets thus incurring VAT liability as the ITO Audit claims. With respect to the Tax on Employee's Salaries, the Company does not contest this finding and Re>Pal intends to pay the tax, intertest and penalties. Range will defend Re>Pal's position in respect of the ITO's tax assessment notice and the associated interest claim and any penalties assessed, and will pursue all available dispute resolution methods, up to and including the filing of court proceedings.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

Noting that no formal assessment has been received, although expected before the end of January 2023, the Company advises that further to informal discussions and meetings with the ITO, Range is of the understanding that the ITO will assess that additional tax, interest and penalties of approximately US$3.28 million are payable by Re>Pal.

The company releases a notification of cessation of securities.

The Company continues to work with the Indonesian Tax Office in respect of the audit for the FY 2018 accounts of its Indonesian subsidiary. Further to the assessment timeline noted in the Response to ASX Query Letter announced on 4 January 2023, the Company has been informed that the ITO is now expected to issue its findings for the FY2018 tax year by the end of the month.

The company releases its response to ASX Query Letter.

The securities of Range International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RAN, pending the release of an announcement regarding an update on the ITO Amended Assessment relating to FY2018.

The suspension of trading in the securities of Range International Limited will be lifted from the commencement of trading on Thursday, 8 September 2022 following lodgement of its Appendix 4D and Interim Financial Report for the half year ended 30 June 2022.

The company lodges its Appendix 4D and Interim Financial Statements.

The securities of the company will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 1 September 2022, following its failure to lodge the relevant periodic report by the due date.

listed entity carried for record purposes only