The Panel has consented to a request from Bentley Capital Limited and Scarborough Equities Pty Ltd to withdraw their application to the Panel dated 16 March 2020 in relation to the affairs of Keybridge Capital Limited (see TP20/16).
The Panel is satisfied that it is not against the public interest to consent to the applicants withdrawing their application. The Panel will publish its reasons for the decision to consent to the withdrawal in due course.
The sitting Panel appointed to consider this matter was Chelsey Drake, Bruce McLennan and Sharon Warburton (sitting President).
Director, Takeovers Panel
Level 16, 530 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3500