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. At the meeting, creditors may also, by resolution adjourn the meeting for a period that must not exceed forty-five business days;

2. To seek approval of the Joint and Several Administrators' remuneration;

3. To seek approval of the Joint and Several Administrators' disbursements;

4. In the event that the Companies execute a pooled Deed of Company Arrangement, confirm Michael Carrafa and Fabian Kane Micheletto as the Joint and Several Deed Administrators of the Companies;

5. To seek approval of the Joint and Several Deed Administrators' remuneration;

6. To seek approval of the Joint and Several Deed Administrators' disbursements;

7. In the event that the Company is wound up, confirm Michael Carrafa and Fabian Kane Micheletto as the Joint and Several Liquidators of the Companies;

8. To seek approval of the Joint and Several Liquidators' remuneration;

9. To seek approval of the Joint and Several Liquidators' disbursements;

10. In the event that the Companies are placed into Liquidation, authorise the Liquidators to destroy, at their discretion, the books and records of the Companies within 6 months after dissolution of the Companies, subject to obtaining prior approval from the Australian Securities and Investments Commission;

11. To appoint a Committee of Inspection; and

12. Any other business which may be properly brought before the meeting.

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

Teleconference facilities:

Telephone number: +61 2 8318 0005

Phone conference ID: 939 253 752#

Creditors wishing to attend the meeting using virtual meeting technology are advised they can use the following facility to attend the meeting:

Michael Carrafa
Joint Administrator

Michael Carrafa and Fabian Kane Micheletto
Joint Appointees