The Takeovers Panel advises that it has published the reasons for its decisions in relation to the second and third applications in relation to the Colonial First State Property Trust Group (Colonial).

Colonial 02

The application was made on 23 September 2002 and it sought urgent interim orders to restrain dispatch of the bidder's statement in Mirvac Funds Limited's takeover bid for the Colonial Funds.

The Panel considered the issues and on 23 September 2002 the Panel declined the application.

Colonial 03

The Panel advises that it has today accepted an undertaking from Australian Liquor Marketers Pty Ltd (ALM) to postpone the despatch of its bidder's statement in relation to its takeover bid for S.A. Liquor Distributors Limited (SALD) until 5pm on Friday, 20 December or the Panel proceedings in this matter have been finally determined, whichever is the earlier. On the basis of this undertaking, the Panel has decided not to make an interim order at this time restraining the despatch of ALM's bidder's statement.

The Takeovers Panel advises that it has published the reasons for its decision in relation to the application from Starmore Investments Pty. Ltd.

The application was made on 18 October 2002 and it sought a declaration of unacceptable circumstances and interim and final orders in relation to the acquisitions of approximately 16 million shares in Winepros Ltd. in the period 4 to 14 October 2002.

The shares were sold by previous significant shareholders in Winepros. The shares constituted approximately 32% of Winepros' issued shares.

The Panel advises that it has today declined to commence proceedings in relation to an application by Equity-1 Resources NL (Resources) for a declaration of unacceptable circumstances and orders in relation to an announcement of a proposed takeover bid by Equity-1 Limited (Limited).

The Panel advises that it has today received an application from Equity-1 Resources NL (E-1R). The application seeks a declaration of unacceptable circumstances and orders in relation to an alleged contravention by Equity-1 Limited (Bidder) of section 631(2) of the Corporations Act.

The Panel advises that it has today received an application from S.A. Liquor Distributors Limited (SALD) in relation to a takeover bid for that company by Australian Liquor Marketers Pty Ltd (ALM). The application seeks a declaration of unacceptable circumstances and interim and final orders in relation to alleged deficiencies in ALM's bidder's statement and an alleged contravention of the equality of opportunity principle.

The Panel advises that it received an application yesterday for review of its decision to make a declaration of unacceptable circumstances and orders in relation to the affairs of Anzoil NL.