DoloMatrix International Limited – Panel Declines to Conduct Proceedings
The Panel has declined to conduct proceedings on an application dated 12 May 2008 from DoloMatrix International Limited in relation to its affairs, following Transpacific’s agreement to issue a supplementary bidder’s statement. DoloMatrix is the subject of an off-market takeover bid by Transpacific Industries Holdings Pty Limited, a subsidiary of Transpacific Industries Group Limited (see media release TP08/41).