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Introduction

1. The Panel, Tonianne Dwyer, Diana Nicholson (sitting President) and Karen Phin, declined to make a declaration of unacceptable circumstances in relation to the affairs of Bryah Resources Limited. The application concerned an alleged association between certain shareholders following a placement and a subsequent section 249D notice to change the board of Bryah.

Introduction

1. The review Panel, Sylvia Falzon, Christian Johnston (sitting President), and Neil Pathak, declined to conduct proceedings on an application by Mr Nicholas Bolton in relation to the affairs of Keybridge. The application submitted (among other things) that some directors of Keybridge were participating insiders in relation to Yowie’s all‑scrip takeover bid for Keybridge and that an entity connected with the Wilson Asset Management Group had breached section 606¹ as a result of a loan provided to Keybridge.

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Introduction

1. The Panel, Ruth Higgins SC, Christian Johnston (sitting President) and Michael Lishman, varied the final orders made on 17 January 2024 in Southern Cross Media Group Limited 02R & 03R,¹ which included an order restricting ARN Media Limited from voting 6.83% of Southern Cross Media Group Limited shares, except in limited circumstances.

Introduction

1. The Panel, Stephanie Charles (sitting President), Alberto Colla and John McGlue, made a declaration of unacceptable circumstances in relation to the affairs of Emu NL. The application concerned an Emu extraordinary general meeting considering resolutions to replace two of Emu’s three directors and a placement made on the day of the EGM.