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Notice

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Corporations Act 2001
Subsection 439A(1)
Insolvency Practice Rules (Corporations) 2016 s75-40(1)

NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION

Company details

Company: Northcoast Holdings Pty Ltd
ACN: 009 296 780
Company: WBHO Australia Pty Ltd
ACN: 095 983 681
Company: WBHO Construction Australia Pty Ltd
ACN: 149 901 931
Company: Probuild Constructions (Aust) Pty Ltd
ACN: 095 250 945
Company: Probuild Civil Pty Ltd
ACN: 010 870 587
Company: PCA (QLD) Pty Ltd
ACN: 141 148 245
Company: Probuild Constructions (NSW) Pty Ltd
ACN: 165 675 874
Company: Probuild Constructions (VIC) Pty Ltd
ACN: 165 675 865
Company: Probuild Constructions (WA) Pty Ltd
ACN: 165 676 095
Company: Probuild Constructions (QLD) Pty Ltd
ACN: 166 966 034
Company: ACN 098 866 794 Pty Ltd
ACN: 098 866 794
Company: Contexx Holdings Pty Ltd
ACN: 144 707 022
Company: Contexx Pty Ltd
ACN: 147 249 796
Company: Prodev Murphy Pty Ltd
ACN: 120 758 803
Company: Prodev Investments 4 Pty Ltd
ACN: 629 246 653
Company: Monaco Hickey Pty Ltd
ACN: 144 945 611
Status: Administrators Appointed
Appointed: 23 February 2022

Meeting details

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:

Location: Deloitte, 477 Collins Street, Melbourne VIC 3000
Meeting date: 30 June 2022
Meeting time: 11:00AM (AEST)

(If multiple companies, see special instructions for meeting times)

Agenda

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. 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
  5. if the company is wound up to consider the early destruction of books and records

Proof of debt and proxies

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

Time: 5:00PM (AEST)
Date: 29 June 2022

Special instructions

Pursuant to Section 439A of the Act, the second meeting of creditors for each of the Companies will be held at 11:00am AEST on Thursday 30 June 2022. Each meeting will be held concurrently.

Creditors may access electronic proofs of debt via the Deloitte Halo platform at https://aurestructuring.deloitte-halo.com/Probuild/. Electronic proxy forms will also be available to creditors in the Deloitte Halo platform.

After registering for the meeting in our Deloitte Halo platform at https://aurestructuring.deloitte-halo.com/Probuild/, a link for the virtual meeting will be displayed at 10:00am (AEST) Thursday, 30 June 2022 after you log onto the Deloitte Halo platform.

Virtual Meeting Technology

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

Facility Number: https://aurestructuring.deloitte-halo.com/Probuild/
Password:


Date of Notice: 24 June 2022

David Orr
Joint Administrator

Sal Algeri, Jason Tracy, Matt Donnelly
Joint Appointees

Address Deloitte, 477 Collins Street, Melbourne VIC 3000
Contact person
Contact number
Facsimile
Email Probuild1@deloitte.com.au
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