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.

The Takeovers Panel advises that it has consented to Fairstar Resources Limited's (Fairstar) request to withdraw its application to the Panel dated 16 November 2007 in relation to the affairs of Golden West Resources Limited (GWR) (see TP07/96).

The Panel has declined to commence proceedings in relation to an application by Golden West Resources (GWR) dated 30 October 2007 (see TP07/84), which was revised on 19 November 2007, (Application) in relation to the affairs of GWR.

The Takeovers Panel advises that it has consented to Mackay Permanent Building Society's (MPBS) request to withdraw its application to the Panel dated 6 November 2007 in relation to the affairs of MPBS and a takeover offer from for all the shares in MPBS by Wide Bay Australia Limited.

The Takeovers Panel has today published the reasons for its decision in relation to an application dated 1 November 2007 from Pallinghurst Resources Australia Limited for review of the decision by the sitting Panel in the Consolidated Minerals Limited 03 proceedings (see TP07/85).

The Takeovers Panel today published its reasons for decision on the application by New Hope Corporation Limited dated 19 October 2007, in relation to the affairs of Resource Pacific Holdings Limited.

The Panel has received an application dated 16 November 2007 from Fairstar Resources Limited in relation to the affairs of Golden West Resources Limited (GWR). Fairstar is currently making an off-market scrip bid for GWR.

The Takeovers Panel advises that it has consented to Palmary Enterprises Limited's (Palmary) request to withdraw its application to the Panel dated 2 November 2007 in relation to the affairs of Consolidated Minerals Limited.