Gladstone Pacific Nickel Limited
The Panel, Kathleen Farrell (sitting President), Francesca Lee and Anthony Sweetman, declined to conduct proceedings on an application by RAB Special Situations (Master) Fund Limited in relation to the affairs of Gladstone Pacific Nickel Limited. The application concerned alleged information deficiencies in the target's statement (as amended) in relation to the off-market takeover offer for Gladstone Pacific by QNI Resources Pty Ltd. The Panel considered that there was no reasonable prospect that it would declare the circumstances unacceptable.