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K-Tig Ltd
Bldg, Mile End, U 5 9 William St
Phone: +61 873246800p:+61 873246800 ADELAIDE, SA  5031  Australia Ticker: KTGKTG

Placed into Administration on 2/21/2024
On 2/21/2024, K-Tig Ltd and Keyhole TIG Pty Ltd were placed into Administration under section 436A of the Company Corporations Act 2001.
Richard Tucker and John Bumbak of KordaMentha were appointed as the Administrators.

Business Summary
K-TIG Limited is an Australia-based precision welding technology company. The Company’s high- speed precision welding technology provides full penetration in a single pass in materials up to 16 millimeters in thickness and typically operates at twice the speed of plasma welding. The Company operates across a range of applications and is particularly suited to corrosion-resistant materials such as stainless steel, nickel alloys, titanium alloys, carbon steels, and exotic materials. It also handles longitudinal and circumferential welds on pipes, spooling, vessels, tanks, and other materials in a single pass. The Company serves various industries, including defense, aerospace, power generation, pipes, tanks, vessels, tanker trucks, food and beverage, filtration and water treatment, maritime, nuclear, and oil and gas. Its subsidiaries include Kabuni USA Inc., Stirling Minerals Pty Limited, Keyhole TIG Pty Limited, Keyhole TIG (USA) Inc., and Keyhole TIG (UK) Pty Ltd.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
6/30/20236/30/2023Yes----

Industries
SIC Code Description
3548 Electric and gas welding and soldering equipment

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Independent Chairman of the Board Stuart J.Carmichael 1/1/2022 6/30/2017
Managing Director, Executive Director AdrianSmith 11/1/2020 2/20/2020
Company Secretary BrettTucker 5/10/2023 1/5/2017
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Keyhole TIG (UK) Pty. Ltd. 2 Claridge Court, Lower Kings Road Herts United Kingdom
Keyhole TIG (USA) Inc. 1001 Technology Drive Mount Pleasant PA United States
Keyhole TIG Pty. Limited Bldg 5 9 William Street Mile End SA Australia

Business Names
Business Name
KBU
Keyhole TIG Pty Limited
KTG
KTGDB
S3R
S3RDA

General Information
Outstanding Shares: 73,328,415 (As of 6/30/2023)
Shareholders: 2,435
Stock Exchange: ASX
Fax Number: +61 893227602


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Friday, March 29, 2024