Australian Pipeline Trust 01 - Panel Publishes Reasons

The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application dated 21 August 2006 from Australian Pipeline Limited (in its capacity as responsible entity of Australian Pipeline Trust) and Australian Pipeline Trust in relation to the acquisitions of 10.25% of the units in Australian Pipeline Trust by Alinta Limited on and from 16 to 22 August 2006 (see TP06/74).

Aztec Resources Limited 02

These are the Panel's reasons for its decision to consent to Mount Gibson Iron Limited withdrawing its application to the Panel dated 14 September 2006. The application sought a declaration of unacceptable circumstances in relation to disclosure in Aztec's target's statement. It was made under section 657A1 of the Corporations Act 2001 (Cth).

Marathon Resources Limited

These are the Panel’s reasons for its decision to consent to Buttermere Australia Pty Ltd withdrawing its application to the Panel dated 15 September 2006. The application sought a declaration of unacceptable circumstances in relation to disclosure in Marathon Resources Limited’s target’s statement. It was made under section 657A1 of the Corporations Act 2001 (Cth).

Tower Software Engineering Pty Ltd 01

These are the Panel’s reasons for declining to make a declaration of unacceptable circumstances on an application by Mr Berend Hoff dated 1 August 2006 in relation to the affairs of Tower Software Engineering Pty Ltd (having received undertakings from Pendant Software Pty Ltd and Pendant Properties Pty Ltd) and its decision to later consent to Mr Hoff withdrawing his application.
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