Magna Pacific (Holdings) Limited 03 - Panel Receives Application
The Takeovers Panel advises that it has received an application on 12 April 2007 from Lionsgate Australia Pty Ltd , in relation to Magna Pacific (Holdings) Limited's target's statement in response to an off-market, cash takeover bid for Magna Pacific by Lionsgate. The Panel has previously received applications in relation to Lionsgate's bidder's statement (Magna Pacific 01 see TP07/07) and announcements by Magna Pacific concerning a proposed scheme of arrangement with destra Corporation Ltd (Magna Pacific 02 see TP07/14 and TP07/16).