Bowen Energy Limited 02R – Panel Concludes Proceedings

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The Panel has now concluded its proceedings and referred the question of whether there is any association between Bhushan Steel (Australia) Pty Ltd and Savni Holding Limited to ASIC.

Details of the Panel's decision can be found at TP09/73.

The Panel will today reissue its reasons for its decision with a post-script concluding the matter. 

These reasons are available on the Panel's website.

The sitting Panel was Catherine Brenner, Rodd Levy (sitting President) and Andrew Sisson.

Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3597