The Panel has declined to conduct proceedings on an application dated 3 May 2024 from Lantech Developments Pty Ltd (Applicant) in relation to the affairs of Mount Isa Minerals Limited (Mount Isa Minerals).
The Panel has received an application from Lantech Developments Pty Ltd in relation to the affairs of Mount Isa Minerals Limited. The Applicant is a shareholder of Mount Isa Minerals. 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.
The Panel has received an application from Bombora Investment Management Pty Ltd in its own capacity and as manager of the Bombora Special Investments Growth Fund, Evolution Trustees Limited, as responsible entity for the Bombora Special Investments Growth Fund, Brebec Pty Ltd as trustee for the Chenoweth Family Trust, Bryan Zekulich, Salam Nader Pty Ltd, Wyaga Investments Pty Ltd as trustee for the TNR Investments Trust, Jarumitoti Superannuation Fund Pty Ltd as trustee for Jarumitoti Super Fund, and Malolo Holdings Pty Ltd (together the Applicants) in relation to the affa
The review Panel has declined to conduct proceedings on an application dated 17 April 2024 from Keybridge Capital Limited seeking a review of the initial Panel’s decision to decline to conduct proceedings in Vintage Energy Limited (see TP24/16).
The Takeovers Panel notes the announcement by the Assistant Treasurer and Minister for Financial Services of the reappointment of 10 members and the appointment of 7 new members to the Panel for terms of 3 years, effective 30 April 2024.
The following members have been appointed: Mr Kierin Deeming, Ms Katrina Efthim, Mr Jonathan (Jon) Gidney, Ms Reeny Paraskeva, Mr Richard Phillips, Mr Christopher Stavrianou and Ms Georgina Varley. The President and the Panel executive warmly welcome the new members.
The Panel has received an application from Keybridge Capital Limited seeking a review of the Panel’s decision in Vintage Energy Limited (see TP24/16).
The President of the Panel has consented to the application for review under section 657EA(2) of the Corporations Act 2001 (Cth).
The Panel has declined to conduct proceedings on an application dated 30 March 2024 from Keybridge Capital Limited in relation to the affairs of Vintage Energy Limited.
The application concerned a placement and non‑renounceable entitlement issue announced by Vintage on 25 March 2024, being around the time that the applicant gave ss 203D and 249D notices to the company, as announced on 27 March 2024 (see TP24/13).
The Panel has declined to conduct proceedings on an application dated 15 March 2024 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 Ltd (ASX: PGH) (Pact Group) (see TP24/11).