Takeovers Panel

GoldLink IncomePlus Limited 03 – Panel Receives Application

Read more about GoldLink IncomePlus Limited 03 – Panel Receives Application

The Takeovers Panel has received an application from GoldLink IncomePlus Limited in relation to its own affairs. GoldLink is the subject of a proportional off-market takeover bid by Emerald Capital Limited at $0.23 per share.

Primebroker Securities Limited – Panel Application Withdrawn

Read more about Primebroker Securities Limited – Panel Application Withdrawn

The Panel advises that it has consented to Primebroker Securities Limited's request to withdraw its application to the Panel dated 30 June 2008, for a review of a decision of the Australian Securities and Investments Commission under s656A of the Corporations Act (TP08/65).

GoldLink IncomePlus Limited 02 – Panel Receives Application

Read more about GoldLink IncomePlus Limited 02 – Panel Receives Application

The Takeovers Panel has received an application from GoldLink IncomePlus Limited in relation its affairs. GoldLink is the subject of a proportional off-market takeover bid by Emerald Capital Limited of $0.23 per share.

Peter Scott Appointed to the New Zealand Takeovers Panel

Read more about Peter Scott Appointed to the New Zealand Takeovers Panel

The Takeovers Panel welcomed the announcement in New Zealand today by the New Zealand Commerce Minister Lianne Dalziel that Mr Peter Scott has been appointed as the Australian member of the New Zealand Takeovers Panel.

MacarthurCook Limited – Declaration of Unacceptable Circumstances and Orders

Read more about MacarthurCook 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 application dated 25 June 2008 by AMP Capital Investors Limited in relation to the affairs of MacarthurCook Limited (TP08/64).

Midwest Corporation Limited 02 – Panel Publishes Reasons

Read more about Midwest Corporation Limited 02 – Panel Publishes Reasons

The Takeovers Panel today published the reasons for its decision on an application dated 4 June 2008 from Sinosteel Ocean Capital Pty Limited, in relation to its affairs.

Midwest Corporation Limited 02

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The Panel, Graham Bradley (sitting President), Brett Heading and Alastair Lucas, made a declaration of unacceptable circumstances on the basis that the Harbinger entities failed to comply with s26 of FATA in acquiring Midwest shares over the limit requiring compulsory notification to the Treasurer. This put Sinosteel at an unfair competitive disadvantage in the contest for control of Midwest.

InterMet Resources Limited – Panel Publishes Reasons

Read more about InterMet Resources Limited – Panel Publishes Reasons

The Takeovers Panel today published the reasons for its decision on an application dated 11 June 2008 from InterMet Resources Limited, in relation to its affairs.

Indophil Resources NL – Panel Declines to Conduct Proceedings and Publishes Reasons

Read more about Indophil Resources NL – Panel Declines to Conduct Proceedings and Publishes Reasons

The Panel has declined to conduct proceedings on an application from Xstrata Queensland Limited dated 30 June 2008 in relation to the affairs of Indophil Resources NL (see TP08/66). Indophil is the subject of competing bids by Xstrata and a consortium comprising Mr Richard Laufmann, the Alsons Group and Crosby Capital Limited.

InterMet Resources Limited

Read more about InterMet Resources Limited

The Panel, Ian Ramsay (Sitting President), Mike Roche and Heather Zampatti, declined to make a declaration of unacceptable circumstances after Hillgrove agreed to provide further disclosure in a replacement bidder's statement.

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