Indiana Resources Limited - Declaration of Unacceptable Circumstances
The Panel has made a declaration of unacceptable circumstances in relation to an application made on 5 April 2017 by Indiana Resources Limited in relation to its affairs.
Globe Metals & Mining Limited - Panel Declines to Conduct Proceedings
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.
MEC Resources Limited
Introduction
- The Panel, Tracey Horton, Christian Johnston (sitting President) and Robert McKenzie, declined to conduct proceedings on an application by Grandbridge Limited, Trandcorp Pty Ltd and Mr David Breeze in relation to the affairs of MEC Resources Limited. The application concerned MEC Resources’ 1 for 2 non-renounceable rights issue.
Spotless Group Holdings Limited
Introduction
- The Panel, Robin Bishop, Byron Koster (sitting President) and Sophie Mitchell, declined to conduct proceedings on an application by Spotless Group Holdings Limited in relation to its affairs. The application concerned (among other things) the offer terms of an off-market cash takeover bid by Downer EDI Services Pty Ltd for Spotless and bidder's statement disclosure.
Globe Metals & Mining Limited - Panel Receives Application
The Panel has received an application from Ao-Zhong International Mineral Resources Pty Ltd in relation to the affairs of Globe Metals & Mining Limited.
MEC Resources Limited - Panel Declines to Conduct Proceedings
The Panel has declined to conduct proceedings on an application dated 10 April 2017 from Grandbridge Limited (ASX: GBA), Trandcorp Pty Ltd and Mr David Breeze in relation to the affairs of MEC Resources Limited (ASX: MMR).
Molopo Energy Limited 01 & 02 - Undertakings
The Panel has accepted undertakings from Keybridge Capital Limited and Aurora Funds Management Limited in relation to the applications dated 11 April 2017 by each of the Australian Securities and Investment Commission and Molopo Energy Limited.
Indiana Resources Limited - Undertaking
The Panel has accepted an undertaking from Mr Brett Montgomery in relation to the application dated 4 April 2017 by Indiana Resources Limited.
Molopo Energy Limited 02 - Panel Receives Application
The Panel has received an application from Molopo Energy Limited in relation to its affairs.
Multiplex Prime Property Fund 05
Introduction
- The Panel, Lee Dewhirst, Andrew Lumsden and Vickki McFadden (sitting President) declined to give consent to vary undertakings in notices of appearance given in Panel applications in relation to the affairs of Multiplex Prime Property Fund.
- In these reasons, the following definitions apply.
- ASH
- Australian Style Holdings Pty Ltd
- ASI
- Australian Style Investments Pty Ltd (now known as ACN 109 510 198 Pty Ltd (in liquidation))