Bowen Energy Limited 02R – Panel Receives Review Application
The Panel has received an application from Macrae Holdings (WA) Pty Ltd seeking a review of the Panel's decision in Bowen Energy Limited 02.
Bowen Energy Limited 02 – Panel Declines to Make Declaration
The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 18 August 2009 from Macrae Holdings (WA) Pty Ltd, a shareholder of Bowen.
Takeovers Panel Publishes Revised Guidance Note 11
The Takeovers Panel today published a revised version of its Guidance Notes 11 (Conflicts of Interest).
Blue Energy Limited
The Panel, Garry Besson, John M Green and Karen Wood (sitting President), declined to conduct proceedings on an application by Blue Energy in relation to its affairs. The application concerned board changes proposed by the Receiver appointed by ANZ over Primebroker. The Panel considered that the application was not timely and there was no reasonable prospect of a declaration of unacceptable circumstances.
Bowen Energy Limited 02 –Panel Receives Application
The Takeovers Panel has received an application from Macrae Holdings (WA) Pty Ltd, a shareholder in Bowen Energy Limited, in relation to the affairs of Bowen.
Blue Energy Limited – Panel Declines to Conduct Proceedings
The Panel has declined to conduct proceedings on an application dated 6 August 2009 from Blue Energy Limited in relation to its affairs.
Blue Energy Limited – Panel Receives Application
The Panel has received an application from Blue Energy Limited in relation to its affairs.
Rey Resources Limited
The Panel, Robert Johanson, Andrew Lumsden (sitting President) and Heather Zampatti declined to make a declaration of unacceptable circumstances in relation to the affairs of Rey Resources after accepting an undertaking from BBY. The effect of the undertaking was to allocate shortfall shares under the Rey rights issue to sub-underwriters to ensure that BBY's voting power in Rey does not exceed 5%.
Rey Resources Limited – Panel Publishes Reasons
The Takeovers Panel today published the reasons for its decision on an application dated 22 June 2009 from Gujarat NRE Minerals Limited in relation to the affairs of Rey Resources Limited.
Rey Resources Limited – Panel Decision
The Panel accepted an undertaking from BBY Limited (see annexure) and declined to make a declaration of unacceptable circumstances in response to an application dated 22 June 2009 from Gujarat NRE Minerals Limited in relation to the affairs of Rey Resources Limited.