Vmoto Limited

Introduction

  1. The Panel, Sylvia Falzon, Neil Pathak (sitting President) and Richard Phillips, declined to conduct proceedings on an application by the Munro Family Super Fund in relation to the affairs of Vmoto Limited. The application concerned (among other things) transactions involving alleged transfers of Vmoto shares to entities selected by the Board in the context of a proposed de‑listing and upcoming board spill meeting.

Dropsuite Limited – Panel Receives Application

The Panel has received an application from Harvest Lane Asset Management Pty Ltd in relation to the affairs of Dropsuite Limited (ASX: DSE) (Dropsuite).

Details of the application, as submitted by the applicant, are below.

A sitting 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 application.

Keybridge Capital Limited (Administrator Appointed) 16 and Benjamin Hornigold Ltd 14 – Panel Declines to Conduct Proceedings

The Panel has declined to conduct proceedings on two applications from Benjamin Hornigold Ltd (ASX: BHD) (Benjamin Hornigold) – one in relation to the affairs of Keybridge Capital Limited (Administrator Appointed, ASX: KBC) (Keybridge) and the other in relation to its own affairs.1