The Panel has today published its reasons in relation to the Alinta Limited 01, 02 and 01R 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).

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.

The Takeovers Panel has today published its reasons in relation to an application by Dolphete Pty Limited, dated 24 May 2007 concerning the affairs of Becker Group Limited.

The Panel has received an application dated 21 September 2007 from Mr Frank Farrall (Applicant) in relation to the affairs of Bowen Energy Limited (Bowen).The Applicant is a shareholder and former director of Bowen.

The Takeovers Panel has today published its reasons for decision on an application by Territory Resources Limited dated 28 August 2007 in relation to the affairs of Consolidated Minerals.