Pact Group Holdings Ltd - Panel Receives Application

The Panel has received an application from Manipur Nominees Pty. Ltd., Shriar Consolidated Pty Ltd, Stanningfield Proprietary Limited and Gandur Superannuation No. 3 Pty Ltd in relation to the affairs of Pact Group Holdings Limited (ASX:PGH).  Pact Group is currently the subject of a takeover offer by Bennamon Industries Pty Ltd, a wholly owned subsidiary of Kin Group Pty Ltd.

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

Ignite Limited

Introduction

  1. The Panel, Timothy Longstaff, Philippa Stone (sitting President) and Erin Tinker, declined to conduct proceedings on an application by Ignite Limited in relation to its affairs.

Southern Cross Media Group Limited 02R & 03R

dl dd { margin-left: 31% }

Introduction

  1. The Panel, Bruce Cowley, Richard Hunt (sitting President) and John McGlue affirmed the initial Panel’s decision to make a declaration of unacceptable circumstances1 in relation to the acquisition of 6.83% of the shares of Southern Cross Media Group Limited (Southern Cross) in contravention of section 606.2 The Panel set aside the orders made by the initial Panel, which included vesting Southern Cross

Tempus Resources Limited 02R

Introduction

  1. The review Panel, Alex Cartel (sitting President), Teresa Dyson and Diana Nicholson declined to conduct proceedings on an application by Mr Matthew Bull to review the decision of the initial Panel to decline to conduct proceedings in Tempus Resources Limited.1 The Panel considered that there was no reasonable prospect that it would declare the circumstances unacceptable.
  2. In these reasons, the following definitions apply.
    AGM
    Tempus’s annual general meeting held on

Tempus Resources Limited

dl dd {margin-left: 28%;}

Introduction

  1. The Panel, Alberto Colla, Sarah Rennie and Sharon Warburton (sitting President), declined to conduct proceedings on an application by Mr Matthew Bull in relation to the affairs of Tempus Resources Limited. The application concerned a rights issue announced by Tempus on 29 November 2023, being around the time that the applicant and others gave ss 203D1 and 249D notices to the company.
Subscribe to