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enhanced systems technologie (WHS) Details

Enhanced Systems Technologies Limited, through its subsidiaries, operates as an independent power producer in Australia, the United Kingdom, and the United States. It primarily generates power from waste heat and geothermal sources using its proprietary Kalina Cycle energy conversion technology. The company also offers AquaArmour, an evaporation and algae control product that minimizes the effect of sun and wind evaporation losses on water storages servicing cities, towns, agri-business, and mining projects; and Clean TeQ, a clean technology solution for air and water treatment, and mineral extraction. In addition, it is involved in the production of biodiesel. The company is based in Hawthorn, Australia.

enhanced systems technologie (WHS) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: A$140.0K
Financial Controller
Total Annual Compensation: A$150.0K
Chief Operations Officer
Total Annual Compensation: A$300.0K
Chief Executive Officer of KCT Power Limited ...
Total Annual Compensation: A$298.2K
President of International
Total Annual Compensation: A$240.0K
Compensation as of Fiscal Year 2013.

enhanced systems technologie (WHS) Key Developments

Enhanced Systems Technologies Announces Cancellation of Admission to Trading on AIM

Enhanced System Technologies Limited (previously Wasabi Energy Limited), announced that pursuant to AIM Rule 41, the Company's shares will be cancelled from trading on AIM at 7:00 a.m. on 24 June 2014 due to having been suspended from trading for six months. In regard to the Company's ASX listing, the Company will provide a submission to the ASX with regard to the recapitalisation of the Company, a key component of which is the proposed Rights Issue previously announced. It is anticipated that the ASX will approve the re-instatement to official quotation of the Company's securities, subject to certain conditions with regard to the listing rule requirements for minimum cash amounts, shareholder spread and the lodgement of certain documents such as the 20 largest shareholders at the conclusion of the Rights Issue. The directors believe that they will meet all of the required conditions at the conclusion of the Rights Issue and anticipate the securities of the Company will be re-instated approximately 10 business days after these conditions have been met to trading on the ASX. The Company will maintain its Depository Interest register with Computershare. While there will be no market in the UK, Depositary Interest holders will be able to settle private trades via CREST.

Wasabi Energy Limited, Special/Extraordinary Shareholders Meeting, May 16, 2014

Wasabi Energy Limited, Special/Extraordinary Shareholders Meeting, May 16, 2014., at 11:30 AUS Eastern Standard Time. Location: Level 25, Bourke Place. Agenda: To implement the deed of company arrangement and to allow for the recapitalization of the company in order to preserve as much value in the group as possible through its ownership of the Kalina Cycle™ Technology and its investment in Wasabi New Energy Asia and other entities; and to consider to change the company's name to Enhanced Systems Technologies Limited.

Wasabi Energy Limited Announces Company Address Changes

Wasabi Energy Limited announced that its new address is Level 1, 114-116 Auburn Road, Hawthorn, Victoria, 3122, Australia.


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