Reasons in Relation to Pinnacle VRB Ltd (No 2)
The Panel today released its reasons for its decision not to make a declaration of unacceptable circumstances in relation to the affairs of Pinnacle VRB Ltd. The application was made by Federation Group Ltd on 16 October, 2000. Federation is currently bidding for all the issued shares and options of Pinnacle. The Panel announced its decision on 6 November, 2000.