RCL Group Limited– Panel Publishes Reasons

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The Panel today published the reasons for its decision on an application dated 10 February 2012 from Payce Industries Pty Ltd in relation to the affairs of RCL Group Limited.

Details of the Panel's decision can be found at TP12/06.

The Panel's reasons for its decisions are on the Takeovers website.

The sitting Panel was Peter Hay (sitting President), Rodd Levy and Nora Scheinkestel.

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