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. For creditors to resolve to fix the remuneration of the Administrator.

2. For creditors to resolve to allow the Administrator, Deed Administrator and/or Liquidator internal disbursements/consumables.

3. If the Company is placed into liquidation, and if appropriate, to appoint a Committee of Inspection.

4. If the Company is placed into liquidation, to authorise the Liquidator to be able to compromise debts in excess $100,000.

5. If the Company is placed into liquidation, to authorise the Liquidator to enter into litigation funding facilities to pursue any legal actions including voidable and insolvent transactions arising from the liquidation.

6. Any other business.

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

Due to the nature of the meeting, and to ensure all persons attending the meeting and their votes are properly recorded, pre-registration will be required at least 2 business days prior to the meeting.

Please contact our office for the more information on how to register for this meeting.

Creditors wishing to attend by electronic means are advised they can utilise the following facility:

Creditors wishing to participate in the meeting by using electronic facilities must return to the external administrator not later than the second-last business day before the day of the meeting, a written statement setting out

i. the name of the person and of the proxy or attorney, (if any); and
ii. an address to which notices to the person, proxy or attorney may be sent; and
iii. a method by which the person, proxy or attorney may be contacted for the purposes of the meeting.

Robert Allan Jacobs
Administrator