Alinta Limited 01

These are the Panel's reasons for making a declaration of unacceptable circumstances and final orders in relation to the affairs of Alinta Limited and The Australian Gaslight Company. The declaration and orders related to the circumstances of Alinta and AGL each making a hostile, scrip takeover offer for the other, and the potential for acceptances and transfers of shares under the Competing Offers to contravene section 259C of the Corporations Act.

Alinta Limited 02

These are the Panel's reasons for declining the application by The Australian Gas Light Company to make a declaration of unacceptable circumstances and final orders, in relation to the affairs of The Australian Gaslight Company and Alinta Group Holdings Pty Ltd's takeover offer for The Australian Gas Light Company. The Panel decided not to make a declaration of unacceptable circumstances or final orders having received undertakings from Alinta Limited and Alinta Group Holdings Pty Ltd to make additional disclosure to address concerns that the Panel had about some aspects of Alinta Group Holdings Pty Ltd's bidder's statement.

Bowen Energy Limited - Panel Declines to Commence Proceedings

The Panel has declined to commence proceedings in relation to an application by Mr Frank Farrall (Mr Farrall) of 21 September 2007 (Application) (see TP07/71). The Application related to the conduct of Bowen Energy Limited (Bowen) entering into an MOU, Investment Agreement and Funding Agreement with Bhushan Steel Limited and Bhushan Steel Australia Pty Ltd (together Bhushan).

Rinker Group Limited 02R - Application for Judicial Review

The Takeovers Panel has been served with a Federal Court application dated 26 September 2007 for judicial review of its declaration of unacceptable circumstances and orders in the matter of Rinker Group Limited 02R [2007] ATP 19 (the Application). The Australian Securities and Investments Commission, which brought the initial Panel application, are named as the second respondent.
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