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. To fix the remuneration of the Joint and Several Voluntary Administrators for each company for the period from 3 March 2023 to 6 June 2023 as set out in the Remuneration Request Approval Reports dated 14 June 2023.

8. To fix the future remuneration of the Joint and Several Voluntary Administrators for each company for the period from 7 June 2023 to the completion of the Voluntary Administration as set out in the Remuneration Request Approval Reports dated 14 June 2023.

9. To fix the disbursements potentially deriving a profit element of the Joint and Several Voluntary Administrators for each company for the duration of the Voluntary Administration as set out in the Remuneration Request Approval Reports dated 14 June 2023.

10.To fix the future remuneration of the Joint and Several Liquidators for each company for the period from commencement to the completion of the Liquidation as set out in the Remuneration Request Approval Reports dated 14 June 2023.

11. To fix the disbursements potentially deriving a profit element of the Joint and Several Liquidators for each company for the duration of the Liquidation as set out in the Remuneration Request Approval Report dated 14 June 2023.

12. If required, to consider the destruction of the books and records at the conclusion of the winding up.

13. Any other business that may be lawfully brought forward.

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

We advise that the Second Meeting of Creditors for the Companies will be held concurrently.

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

David Coyne
Joint Administrator

David Coyne & Peter Krejci
Joint Appointees