PM Capital Asian Opportunities Fund Limited 03R & 04R - Panel Receives Review Applications

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The Panel has received an application from each of Paul Moore (and his associated entities) and PM Capital Limited seeking a review of the initial Panel’s decision in PM Capital Asian Opportunities Fund Limited 01 (Review Applications) (see TP21/43).

In connection with the Review Applications, the President of the Panel has made interim orders which stay Order 1 of the initial Panel’s final orders, which require PM Capital Global Opportunities Fund Limited, PM Capital Limited, and Paul Moore and associated entities to give a corrected substantial holder notice (see TP21/44).

A review Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the Review Applications.

Tania Mattei
General Counsel, Takeovers Panel
Level 16, 530 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3500