Skywest Limited 03(R) - Review Panel Corrects CVC Media Release in Skywest 03 Review Proceedings

On 1 September 2004, the Panel announced its decision in the Skywest 03(R) proceedings. The Panel made a declaration of unacceptable circumstances in relation to the affairs of Skywest Limited (Skywest) and made orders requiring further disclosure for CaptiveVision Capital Limited’s (CVC) off-market takeover bid for all of the ordinary shares in Skywest to proceed.

Australian Leisure & Hospitality Group Limited 02 - Panel Declines to Commence Proceedings

The Panel has considered the application by Bruandwo Pty Limited (Bruandwo) dated 27 August 2004 alleging unacceptable circumstances in relation to its takeover bid for all the ordinary shares in Australian Leisure & Hospitality Group Limited (ALH).

The Panel has decided not to conduct proceedings in relation to the application.

This decision follows ALH’s agreement to issue a supplementary target’s statement containing further disclosure regarding:

Skywest Limited 03(R) - Review Panel Requires Further Disclosure in Skywest 03 Review Proceedings

The Panel announces that on 01 September 2004, it has advised both CaptiveVision Capital Limited and Skywest Limited that it has made a declaration of unacceptable circumstances in relation to the affairs of Skywest and has made orders requiring further disclosure for CVC’s off-market takeover bid for all of the ordinary shares in Skywest to proceed.

Australian Leisure and Hospitality Group Limited 01

These are the Panel’s reasons for declining to make a declaration of unacceptable circumstances in relation to the application made by Australian Leisure & Hospitality Group Limited on 20 July 2004, in relation to the bid for all of the ordinary shares in ALH by Bruandwo Pty Limited, and for accepting instead an undertaking by Bruandwo to issue a supplementary bidder’s statement.
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