Moreton Resources Limited - Panel Publishes Reasons
The Panel today published the reasons for its decision on an application dated 7 November 2013 from Alexander Jason Elks in relation to the affairs of Moreton Resources Limited.
Virgin Australia Holdings Limited - Panel Declines to Make Declaration
The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 22 November 2013 from Mr Stephen Mayne. The application concerned the 5 for 14 entitlement offer announced by Virgin Australia Holdings Limited on 14 November 2013 (see TP13/61).
Warrnambool Cheese and Butter Factory Company Holdings Limited - Panel Makes Interim Orders
The Panel has made interim orders on an application dated 26 November 2013 by Murray Goulburn Co-operative Co. Limited in relation to the affairs of Warrnambool Cheese and Butter Factory Company Holdings Limited (TP13/63).
Moreton Resources Limited - Panel Accepts Undertaking
The Panel has accepted an undertaking (Annexure A) from Moreton Resources Limited in relation to an application dated 7 November 2013 by Mr Alexander Jason Elks in relation to the affairs of Moreton (see TP13/55).
Warrnambool Cheese and Butter Factory Company Holdings Limited - Panel Receives Application
The Panel has received an application from Murray Goulburn Co-operative Co. Limited in relation to the affairs of Warrnambool Cheese and Butter Factory Company Holdings Limited. Warrnambool is currently the subject of competing takeover proposals from Saputo Dairy Australia Pty Ltd, Bega Cheese Limited and Murray Goulburn.
Hastings Rare Metals Limited
The Panel, James Dickson, John Humphrey and Mike Roche (sitting President), declined to conduct proceedings on an application by Mr Foon Keong (Charles) Lew in relation to the affairs of Hastings Rare Metals Limited. The application concerned a placement announced on 23 September 2013 in the context of a requisition seeking to add two directors to Hastings' board. The Panel considered that there was no reasonable prospect that it would declare the circumstances unacceptable.
STI-Global Limited
The Panel, Geoff Brunsdon, Stephanie Daveson and John Fast (sitting President), made a declaration of unacceptable circumstances in relation to the affairs of STI-Global Limited. The Panel declared that a proxy arrangement and share sale agreement between Kevin Reichelt, Redheart Investments Pty Ltd, Donald Searle and RIQ Pty Ltd gave rise to unacceptable circumstances and cancelled them.
Hastings Rare Metals Limited - Panel Publishes Reasons
The Panel today published the reasons for its decision on an application dated 4 November 2013 from Mr Foon Keong (Charles) Lew in relation to the affairs of Hastings Rare Metals Limited.
Virgin Australia Holdings Limited – Panel Receives Application
The Panel has received an application from Mr Stephen Mayne in relation to the affairs of Virgin Australia Holdings Limited. The application concerns the 5 for 14 entitlement offer announced by Virgin Australia on 14 November 2013.
STI-Global Limited - Panel Publishes Reasons
The Panel today published the reasons for its decision on an application dated 23 October 2013 from Sasser Family Holdings, Inc in relation to the affairs of STI-Global Limited.