ASIC Published Notices

Notice is given that a second meeting of the creditors of the Company, or a second meeting for each of the Companies, (for multiple companies), will be held:

(If multiple companies, see special instructions for meeting times)

The purpose of the meeting(s) is:

1. to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
2. to receive a statement of Administrator(s) opinion and reasons for the opinion:
   1. whether it would be in the creditors' interests for the Company(ies) to execute a deed of company arrangement;
   2. whether it would be in the creditors' interests for the administration to end;
   3. whether it would be in the creditors' interests for the company to be wound up;
3. to receive a statement of such other information known to the administrator as will enable the creditors to make an informed decision about the matters at paragraphs 2(a) – (c) above;
4. to receive details of any transactions that appear to the Administrator(s) to be a voidable transaction in respect of which money, property, or other benefits may be recoverable by a liquidator under part 5.7B of the Act
5. to receive details of any proposed deed of company arrangement; and
6. for the creditors of the Company(ies) to resolve that:
   1. the Company(ies) execute a deed of company arrangement; or
   2. the administration(s) should end; or
   3. the Company(ies) be wound up.

Other agenda items are:

1. to determine the remuneration of the administrator(s)
2. to determine the future remuneration of the administrator(s)
3. to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
4. to consider the appointment of an alternative deed administrator(s) or liquidator(s)
5. if the company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members
6. if the company is wound up to consider the early destruction of books and records
7. any other business

That the second meetings of creditors Bachmann Plant Hire Pty Ltd, MRS Services Group Pty Ltd, MRS Property No1 Pty Ltd, Holdings (MRS) Pty Ltd and Management Resource Solutions Pty Ltd be held concurrently.

A Deed of Company Arrangement (?Deed?)/Creditors? Trust be executed by the Companies;

Pursuant to Section 477(2A) of the Corporations Act, to authorise the Liquidator(s) of the Companies to be able to compromise debts owed to the Companies in excess $100,000;

Pursuant to Section 477(2B) of the Corporations Act, to authorise the Liquidator(s) of the Companies to enter into any litigation funding facilities to pursue any legal actions including voidable and insolvent transactions arising from the liquidation of the Companies;

Creditors wishing to attend are advised proofs and proxies are to be submitted to the Administrator by:

Sule Arnautovic
Joint Administrator

Trent Andrew Devine and Bradd William Morelli
Joint Appointees