Richfield International Ltd ‑ Panel Publishes Reasons
The Panel today published the reasons for its decision on an application dated 24 March 2015 from ASIC in relation to the affairs of Richfield International Ltd.
Richfield International Limited
Introduction
- The Panel, Peter Day (sitting President), Christian Johnston and Byron Koster, made a declaration of unacceptable circumstances and orders in relation to the affairs of Richfield International Limited. The application concerned contraventions of s6061 and the substantial holder provisions by Sinotrans and Grand Orient, companies holding in aggregate 35.77% of Richfield, and by the controller of those companies, Siew Tze Lim.
Phosphate Australia Limited
Introduction
- The Panel, Rod Halstead, Nora Scheinkestel (sitting President) and Anthony Sweetman, declined to conduct proceedings on an application by Phosphate Australia Limited in relation to its affairs. The application concerned non-disclosure of persons who have acquired, and will acquire, a relevant interest in Phosphate shares as a result of an on-market takeover bid by Mercantile Investment Company Ltd.
Phosphate Australia Limited ‑ Panel Publishes Reasons
The Panel today published the reasons for its decision on an application dated 23 April 2015 from Phosphate Australia Ltd in relation to its affairs.
Richfield International Limited - Panel Makes Orders
The Panel made a declaration of unacceptable circumstances on 22 April 2015 in relation to an application dated 24 March 2015 by the Australian Securities and Investments Commission in relation to the affairs of Richfield International Limited.
Phosphate Australia Limited - Panel Declines to Conduct Proceedings
The Panel has declined to conduct proceedings on an application dated 23 April 2015 from Phosphate Australia Limited in relation to its affairs.
Phosphate Australia Limited - Panel Receives Application
The Panel has received an application from Phosphate Australia Ltd in relation to its affairs. Phosphate is currently the subject of an on-market takeover bid by Mercantile Investment Company Ltd.
Richfield International Limited - Declaration of Unacceptable Circumstances
The Panel has made a declaration of unacceptable circumstances in relation to an application dated 24 March 2015 by the Australian Securities and Investments Commission in relation to the affairs of Richfield International Limited.
Panel Updates Index of its Decisions 2000-2003 and 2014
The Panel has released an update of the index of its decisions.
Panel Hosts Third Asia Pacific Takeovers Regulators Conference
The Panel is delighted to host the third Asia Pacific Takeovers Regulators Conference in Melbourne (25 to 27 March 2015). The conference involves over 30 participants from Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Singapore and Thailand.