On 17 June 2008 the Takeovers Panel received an application from Lion Selection Limited in relation to its affairs. Lion is the subject of an off-market takeover bid by Indophil Resources NL.
The Takeovers Panel today published the reasons for its decision on an application dated 5 June 2008 from Indophil Resources NL, in relation to the affairs of Lion Selection Limited.
The Panel, Robyn Ahern, Hamish Douglass and Alison Lansley (sitting President), declined to conduct proceedings after Lion provided additional disclosure in relation to its target's statement and notice of meeting.
Following corrective and additional disclosure by Lion Selection Limited, the Takeovers Panel has declined to conduct proceedings on the application dated 5 June 2008 by Indophil Resources NL in relation to the affairs of Lion.
The Takeovers Panel today accepted an undertaking in relation to the application dated 11 June 2008 (see TP08/55) by InterMet Resources Limited in relation to its affairs. InterMet is the subject of an off-market takeover bid by Hillgrove Resources Limited.
The Takeovers Panel received an application from InterMet Resources Limited in relation to its affairs. InterMet is the subject of an off-market takeover bid by Hillgrove Resources Limited.
On the evening of 5 June 2008, the Takeovers Panel received an application from Indophil Resources NL in relation to the affairs of Lion Selection Limited. Lion is the subject of an off-market takeover bid by Indophil.
The Takeovers Panel today received an application from Sinosteel Ocean Capital Pty Limited in relation to the affairs of Midwest Corporation Limited. Midwest is the subject of an off-market takeover bid by Sinosteel. It is also the subject of a proposed merger with Murchison Metals Limited by way of scheme of arrangement.
The Takeovers Panel today published the reasons for its decision on an application dated 23 May 2008 from BigAir Group Limited in relation to its affairs.
The Panel, Diana Chang, Marie McDonald (sitting President) and Peter Scott, declined to commence proceedings on an application concerning alleged association between certain director/shareholders and other shareholders regarding changes to the composition of the board of BigAir.