Takeovers Panel

Takeovers Panel Publishes Revised Guidance Notes

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Guidance Note 8 (Matters Procedures);
Guidance Note 16 (Correction of Takeover Documents);
Guidance Note 17 (Rights Issues);
Guidance Note 19 (Insider Participation in Control Transactions)

The Takeovers Panel announced today that it has published revised versions of its Guidance Notes 8, 16, 17 and 19.

Midwest Corporation Limited - Panel Decision

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The Panel advises that it has decided not to make a declaration of unacceptable circumstances in response to an application dated 8 November 2007 from Midwest Corporation Limited. The application concerned the unconditional scrip takeover offer for all of the Applicant's shares by MMX Investments Pty Ltd, a wholly owned subsidiary of Murchison Metals Limited (together Murchison).

Attorney-General (Commonwealth) vs. Alinta Ltd: High Court Appeal Allowed

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The Takeovers Panel notes the decision of the High Court of Australia delivered today, which upheld the validity of s 657A(2)(b) of the Corporations Act 2001 (as it was)1.The Panel also notes that reasons for the decision will be delivered later.

Golden West Resources Limited 01

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Regarding Golden West Resources Limited 01 - The Panel, Irene Lee, Andrew Lumsden (President) and Chris Photakis, declined to commence proceedings.

Golden West Resources Limited 01 - Panel Publishes Reasons

Read more about Golden West Resources Limited 01 - Panel Publishes Reasons

The Takeovers Panel today published the reasons for its decision on an application dated 30 October 2007 from Golden West Resources Limited, in relation to the affairs of Golden West Resources Limited.

Takeovers Panel Director - Appointment of Mr Allan Bulman

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The Panel is pleased to announce that it has appointed Mr Allan Bulman as Director to replace Mr Nigel Morris, following Nigel's resignation (see TP07/62).

GoldLink Growthplus Limited

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These are the Panel's reasons for declining to commence proceedings on an application dated 14 October 2007 from Gulf Resources Limited regarding the affairs of GoldLink GrowthPlus Limited.

GoldLink GrowthPlus Limited - Panel Publishes Reasons

Read more about GoldLink GrowthPlus Limited - Panel Publishes Reasons

The Takeovers Panel has today published the reasons for its decision in relation to an application dated 14 October 2007 from Gulf Resources Limited in relation to the affairs of GoldLink GrowthPlus Limited.

Golden Circle Limited 02

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Regarding Golden Circle Limited - The Panel, Guy Alexander (President), Teresa Handicott and Chris Photakis, declined to commence proceedings.

Golden Circle Limited 02 - Panel Publishes Reasons

Read more about Golden Circle Limited 02 - Panel Publishes Reasons

The Takeovers Panel has today published the reasons for its decision in relation to an application dated 24 October 2007 from Merim Pty Ltd in relation to the affairs of Golden Circle Limited.

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