Panel Affirms ASIC Decision on Dispatch of AIF Bidder's Statement
Mr Brett Heading, the President of the first sitting Panel announced today that the Panel has determined its first application, which was lodged on 1 May, 2000. The Panel affirmed a decision by ASIC.
The Panel has received two applications which relate to the takeover bid by Australian Infrastructure Fund Limited and Hastings Funds Management Limited (together the bidders ) for Infratil Australia Limited (Infratil ).