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

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

Due to COVID-19 pandemic and consistent with government policy on gatherings, no physical meeting will be held. Creditors are invited to attend the meeting via telephone.

In order to facilitate voting at the meeting, we require all creditors who wish to vote to submit the following forms by no later than 9am on 14 March 2022:

- Proof of Debt Form together with supporting documentation (not required if you have previously submitted a Proof of Debt Form)
- Appointment of Proxy Form (if the creditor is a company of you would like somebody to represent you at the meeting)
- Special Proxy Form/Voting Slip (if you wish to appoint a proxy holder to vote in a specific manner).

If your forms are not received by this time, you will not be able to participate at the meeting.

Please send your completed forms to Mr Art Wannasri of our office at art.wannasri@worrells.net.au, who upon request will provide you with the details required to access the teleconference facilities.

Jason Walter Bettles
Administrator

James Robba
Joint Appointees