Tully Sugar Limited 01R

The Panel, Simon McKeon (sitting President), Norman O'Bryan AM SC and Karen Wood, declined to conduct proceedings on an application from The Maryborough Sugar Factory Limited for a review of the initial Panel's decision in Tully Sugar Limited. The application concerned disclosure in Tully's target's statement. The review Panel agreed with the initial Panel's decision and did not think there was any reasonable likelihood that the review application would result in a different outcome.

Tully Sugar Limited

The Panel, Geoff Brunsdon, Kathleen Farrell and Kevin McCann (sitting President), declined to make a declaration of unacceptable circumstances in relation to the affairs of Tully, following provision of a supplementary target's statement. The application concerned alleged deficiencies in the Tully target's statement, in particular in respect of the value of Tully and Tully securities.