The Panel has made interim orders in response to an application for interim orders dated 18 April 2013 by Firestone Energy Limited in relation to its affairs.
The Panel has received an application from Firestone Energy Limited in relation to its affairs. Firestone is currently the subject of an off-market takeover bid by The Waterberg Coal Company Limited.
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.
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.
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.
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).
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.
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.
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.