Emerald Capital Limited – Panel Makes Interim Orders
The Panel has made an interim order in relation to the application by Mr Frank Villante, Mrs Tracy Fraser and Warman Investments Pty Ltd dated 10 June 2009 in relation to Emerald Capital Limited.
The Panel has consented to a request by Veritas Securities Limited to withdraw its application to the Panel dated 25 May 2009, in relation to the affairs of 3D Oil Limited. The application concerned the alleged failure of Drillsearch Energy Limited to send copies of the bidder's statement and acceptance form in relation to its takeover bid for 3D Oil to the holders of formerly escrowed shares in 3D Oil (see TP09/037).