The review Panel has declined to conduct proceedings on an application from Fortina Pty Ltd dated 23 January 2009. Fortina sought a review of the initial Panel's decision. The initial Panel made a declaration of unacceptable circumstances and orders following the application from Emerald Capital Limited dated 8 January 2009 in relation to the affairs of GoldLink IncomePlus Limited (see TP09/06).
The review Panel agreed with the decision of the initial Panel.
As the review Panel declined to conduct proceedings, the interim orders made on 29 January 2009 in relation to the review application are discharged and the declaration and final orders of the initial Panel on 21 and 28 January 2009 respectively continue to apply.
The review Panel's reasons can be found on the Panel's website.
The review Panel was Tom Bathurst QC, Vickki McFadden and Simon McKeon (sitting President).
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3597