Takeovers Panel

World Oil Resources Limited - Panel Makes Further Final Orders

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The Panel made a further declaration of unacceptable circumstances on 12 April 2013 in relation to an application dated 14 March 2013 by Holdrey Pty Ltd as trustee for the Don Mathieson Family Trust (see TP13/07). This aspect of the application concerned associations between various World Oil shareholders.

World Oil Resources Limited - Further Declaration of Unacceptable Circumstances

Read more about World Oil Resources Limited - Further Declaration of Unacceptable Circumstances

The Panel has made a further declaration of unacceptable circumstances (Annexure A) in relation to the application dated 14 March 2013 by Holdrey Pty Ltd, as trustee for the Don Mathieson Family Trust, in relation to the affairs of World Oil Resources Limited (see TP13/04). The first declaration related to the rights issue announced by World Oil on 12 March 2013 (see TP13/05). This further declaration relates to association between various World Oil shareholders.

Touch Holdings Limited - Panel Receives Application

Read more about Touch Holdings Limited - Panel Receives Application

The Panel has received an application from Philip Course, a shareholder of Touch Holdings Limited, in relation to the affairs of Touch Holdings. Touch Holdings is an unlisted public company which has more than 50 members.

World Oil Resources Limited - Declaration of Unacceptable Circumstances and Orders

Read more about World Oil Resources Limited - Declaration of Unacceptable Circumstances and Orders

The Panel has made a declaration of unacceptable circumstances (Annexure A) and final orders (Annexure B) in relation to an aspect of an application dated 14 March 2013 by Holdrey Ptd Ltd, as trustee for the Don Mathieson Family Trust, in relation to the affairs of World Oil Resources Limited (see TP13/04).

World Oil Resources Limited - Panel Receives Application

Read more about World Oil Resources Limited - Panel Receives Application

The Panel has received an application from Holdrey Pty Ltd, as trustee for the Don Mathieson Family Trust, in relation to the affairs of World Oil Resources Limited.

Appointment of Panel Members

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The Takeovers Panel welcomes the recent announcement by the Parliamentary Secretary to the Treasurer of the reappointment of 15 members and the appointment of three new members to the Panel, for terms of three years commencing on 8 March 2013.

Panel Welcomes New President

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The Panel welcomes Vickki McFadden as its new President. Ms McFadden's appointment was announced today by Parliamentary Secretary to the Treasurer, the Hon Bernie Ripoll MP, together with the appointment of new and reappointment of existing Panel members.

Panel Publishes Index of Its Decisions 2006-2012

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The Panel has published an index of its decisions from 2006-2012. The index can be found at the "Index of Reasons" tab on the Panel's website.

Knights Capital Group Limited - Panel Accepts Undertaking, Declines to Conduct Proceedings and Publishes Reasons

Read more about Knights Capital Group Limited - Panel Accepts Undertaking, Declines to Conduct Proceedings and Publishes Reasons

The Panel has accepted an undertaking from Australian Executor Trustees Limited (see annexure) and declined to conduct proceedings on an application dated 29 November 2012 from Knights Capital Group Limited in relation to its affairs.

CMI Limited - Panel advised of no appeal - Stay of Orders lifted

Read more about CMI Limited - Panel advised of no appeal - Stay of Orders lifted

On 23 November 2012, the review Panel granted a further stay of the Panel’s orders, at the request from Tinkerbell Enterprises Pty Ltd as trustee for the Leanne Catelan Trust, pending Tinkerbell’s consideration of whether to appeal the decision of Justice Collier dated 16 November 2012 (see TP12/82).

The Panel was informed on Thursday 29 November 2012 that Tinkerbell will not be appealing Justice Collier’s decision. Accordingly, with effect from today, the stay is lifted.

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