DGR Global Limited – Panel Receives Application

The Panel has received an application from Mr Jeremy Raper in relation to the affairs of DGR Global Limited.

Details of the application, as submitted by the applicant, are below.

A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.

Details

DGR is an ASX-listed company (ASX: DGR) focused on the creation of resource exploration development and mining companies.

The applicant is a shareholder of DGR.

Kingsland Minerals Ltd

Introduction

  1. The Panel, James Burchnall (sitting President), Jonathan Gidney, and Reeny Paraskeva, declined to conduct proceedings on an application by Quinbrook Asset Management Pty Ltd as trustee for the Critical Resources Strategy in relation to the affairs of Kingsland Minerals Ltd. The application concerned an alleged association between certain shareholders and officers of Kingsland in the context of a proposed acquisition by Kingsland of certain exploration licences from a Kingsland substantial shareholder.

Atlas Arteria 02

Introduction

  1. The Panel, Katrina Efthim, John McGlue and Rory Moriarty (sitting President), declined to conduct proceedings on an application from IFM in relation to the affairs of Atlas Arteria. Atlas Arteria is currently the subject of an off‑market takeover bid by IFM.

Mobile Asset Holdings Ltd

Introduction

  1. The Panel, Kellie Benda, Rebecca Maslen‑Stannage (sitting President) and Georgina Varley, made a declaration of unacceptable circumstances in relation to the affairs of Mobile Asset Holdings Ltd. The application concerned a special resolution to insert drag‑along and tag‑along rights into Mobile Asset’s constitution. The Panel considered the drag‑along and tag‑along rights created a mechanism for the acquisition of 100% of Mobile Asset in a manner that circumvents the protections of Chapter 6.

Atlas Arteria

Introduction

  1. The Panel, Katrina Efthim, John McGlue and Rory Moriarty (sitting President), declined to make a declaration of unacceptable circumstances in relation to the affairs of Atlas Arteria.

Kingsland Minerals Ltd 02R – Panel Receives Review Application

The Panel has received an application from Quinbrook Asset Management Pty Ltd as trustee for the Critical Resources Strategy seeking a review of the Panel’s decision in Kingsland Minerals Ltd (see TP26/035).

The President of the Panel has consented to the application for review under section 657EA(2) of the Corporations Act 2001 (Cth).

A review Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.

Humm Group Limited – Reasons why the Panel decided not to consent to a variation to the Undertaking

The Panel notes the announcement by Humm Group Limited (Humm) on 15 June 2026 stating that the Panel had decided not to consent to a request from Humm Group Limited (Humm) to vary the undertaking provided by Humm to the Panel on 26 February 2026 (Undertaking – see TP26/09). The request to vary the Undertaking was to replace Ms Teresa Dyson with Mr Rajeev Dhawan as Chair of the independent board committee of Humm (IBC).

Humm Group Limited 02R & 03R

Introduction

  1. The Panel, Rory Moriarty, Richard Phillips and Karen Phin (sitting President) affirmed the initial Panel’s1 declaration of unacceptable circumstances in relation to the affairs of Humm Group Limited, subject to minor variations, but set aside the initial Panel’s orders and made new orders. Instead of vesting Humm shares held by major shareholder TAG, the review Panel made orders that (among other things) required TAG not to vote 15 million of the Humm shares that it holds for 6 months.
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