Richfield International Limited

Introduction

  1. The Panel, Peter Day (sitting President), Christian Johnston and Byron Koster, made a declaration of unacceptable circumstances and orders in relation to the affairs of Richfield International Limited. The application concerned contraventions of s6061 and the substantial holder provisions by Sinotrans and Grand Orient, companies holding in aggregate 35.77% of Richfield, and by the controller of those companies, Siew Tze Lim.