The Takeovers Panel advises that it has today resolved not to make a declaration of unacceptable circumstances in relation to the affairs of Advance Property Fund (Advance ). This follows an application by Mirvac Funds Limited (Mirvac ) on 18 September 2000 for such a declaration.
The members of the sitting Panel are Ian Ramsay (sitting President), Alice McCleary (deputy President) and Jennifer Seabrook.
The Takeovers Panel advises that it has received an application by Mirvac Funds Ltd (Mirvac) for a declaration of unacceptable circumstances in relation to the affairs of Advance Property Fund (Advance).
Mirvac has also applied for orders under section 657D of the Corporations Law relating to:
The Takeovers Panel today advised that it has consented to the withdrawal of an application for a declaration of unacceptable circumstances in relation to the affairs of QCT Resources Ltd (QCT). The application by QCT was for a declaration in relation to:
The Takeovers Panel today advised that it has received an application for a declaration of unacceptable circumstances in relation to the affairs of QCT Resources Ltd (QCT). The application is by QCT and it is for a declaration in relation to:
The Takeovers Panel today advised that it has received a second application for a declaration of unacceptable circumstances in relation to the affairs of Brickworks Ltd. The application is by Brickworks and it is for a declaration in relation to:
An application under sections 657A and 657D of the Corporations Law by GPG (No. 4) Pty Limited for a declaration and orders in relation to a takeover bid by GPG for all of the ordinary shares in Brickworks Limited.
The Takeovers Panel advises that it has today resolved not to make a declaration of unacceptable circumstances in relation to the affairs of Brickworks Ltd and in relation to the affairs of Washington H Soul Pattinson & Company Ltd (Soul Pattinson). This follows an application by GPG (No 4) Pty Ltd on 4 August 2000, for such a declaration.
The Takeovers Panel advises that late last week it received an application by IAMA Ltd for a declaration of unacceptable circumstances in relation to actions and public statements made by persons and companies associated with Futuris Ltd.
However, the application has today been withdrawn, in conjunction with the settlement of an action in the Supreme Court of South Australia. Therefore the Panel has not been required to determine the matter or to make any declaration or orders.
The Takeovers Panel advises that it has today received an application by GPG (No 4) Ltd for a declaration of unacceptable circumstances in relation to the affairs of Brickworks Ltd and in relation to the affairs of Washington H Soul Pattinson & Company Ltd (Soul Pattinson).
The Takeovers Panel today advised that it has consented to the withdrawal of the application received on 28 July, 2000, for a declaration of unacceptable circumstances in relation to actions by a group of persons and companies seeking to alter the board of Pinnacle VRB Ltd, and a request for interim orders preventing those persons voting at a meeting of Pinnacle which had been called for Monday 31 July, 2000.