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:

7. At the meeting, creditors may also, by resolution adjourn the meeting for a period that must not exceed forty-five (45 business days);

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

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

10. In the event that the Company is wound up, confirm Peter Gountzos and Timothy James Brace as the Joint and Several Liquidators of the Company;

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

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

13. In the event that the Company is placed into Liquidation, authorise the Joint and Several Liquidators to destroy, at their discretion, the books and records of the Company and of the Liquidators within the retention period, subject to obtaining prior approval from the Australian Securities & Investments Commission;

14. To appoint a Committee of Inspection; and

15. 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:

Creditors wishing to attend via teleconference/electronic facilities can do so.

Please contact Jordan Stackwood-Smith of this office by email at Jordan.stackwood-smith@svp.com.au or by telephone on (03) 9669 1100 to arrange attendance via teleconference facilities.

Peter Gountzos
Joint Administrator

Peter Gountzos & Timothy James Brace
Joint Appointees