The Takeovers Panel's Director Allan Bulman and ASIC Commissioner John Price have announced the release of a new Memorandum of Understanding (MOU) between the Panel Executive and ASIC.

The Takeovers Panel notes the announcement by the Minister for Revenue and Financial Services of the reappointment of 5 members and the appointment of 6 new members to the Panel, for terms of 3 years commencing on 23 March 2017.

The Panel has declined to conduct proceedings on an application dated 6 March 2017 from CIMIC Group Investments Pty Limited and CIMIC Group Limited in relation to the affairs of Macmahon Holdings Limited.

The Panel has received an application from CIMIC Group Investments Pty Limited and CIMIC Group Limited in relation to the affairs of Macmahon Holdings Limited.

The Panel received an application at 8.09am this morning from Pinnacle Investment Management Group Limited and Pinnacle Ethical Investment Holdings Limited in relation to the affairs of Hunter Hall International Limited.

The Panel has declined to conduct proceedings on an application dated 14 February 2017 from Mr James Wheeldon in relation to the affairs of Innate Immunotherapeutics Limited.

The Panel has received an application from Mr James Wheeldon in relation to the affairs of Innate Immunotherapeutics Limited.

The Takeovers Panel today published a revised Guidance Note 4 Remedies General.