The Panel made a declaration of unacceptable circumstances and final orders on 7 November 2013 in response to an application dated 23 October 2013 by Sasser Family Holdings, Inc in relation to the affairs of STI-Global Limited (see TP13/54).
In response to a request by STI-Global, the Panel has varied the orders (Annexure) such that the latest date by which STI-Global must hold its shareholders' meeting is now 16 December 2013. The original orders specified 10 December 2013 as the latest date for the meeting, as requested by STI-Global at the time.
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3597
Variation of Orders
The Panel made a declaration of unacceptable circumstances on 7 November 2013.
The Panel orders that the orders made on 7 November 2013 are varied as follows:
- 10 December 2013 in Order 2(b) is replaced with 16 December 2013.
with authority of John Fast
President of the sitting Panel
Dated 14 November 2013