The Panel has received an application from Aurora Funds Management Limited seeking a review of the Panel’s decision on orders in Molopo Energy Limited 01 & 02.
The Panel made a declaration of unacceptable circumstances on 30 May 2017 in relation to applications dated 11 April 2017 by ASIC and Molopo Energy Limited regarding the affairs of Molopo.
The Panel, Robin Bishop, Byron Koster (sitting President) and Sophie Mitchell, declined to make a declaration of unacceptable circumstances in relation to the affairs of Spotless Group Holdings Limited.
The Panel has received applications from each of Molopo Energy Limited and Keybridge Capital Limited seeking a review of the Panel’s decision in Molopo Energy Limited 01 & 02.
The Panel has received an application from the Australian Securities and Investments Commission in relation to the affairs of Lepidico Limited. Lepidico is currently the subject of an off-market takeover bid by Lithium Australia NL.
The Panel, James Dickson (sitting President), Bill Koeck and Sarah Rennie, made a declaration of unacceptable circumstances in relation to the affairs of Indiana Resources Limited. The application concerned a meeting of Indiana requisitioned by BPM Capital Limited to remove and replace two Indiana directors. The Panel considered that BPM was associated with the persons it nominated for appointment to the Indiana board.
The Panel has made a declaration of unacceptable circumstances following applications dated 11 April 2017 by ASIC and Molopo Energy Limited in relation to the affairs of Molopo.
The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 3 May 2017 from Downer EDI Services Pty Ltd in relation to the affairs of Spotless Group Holdings Limited.
The Panel has declined to conduct proceedings on an application received on 26 April 2017 from Ao-Zhong International Mineral Resources Pty Ltd in relation to the affairs of Globe Metals & Mining Limited.