Reasons in Relation to Taipan Resources NL
The Takeovers Panel has today released its reasons for its decision not to make an interim order restraining the 12 October meeting of the shareholders of Taipan Resources NL. The Panel announced its decision on 12 October after receiving an application by Troy Resources NL on 11 October 2000 for an interim order under section 657E of the Corporations Law that the meeting be adjourned.