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:

At the meeting, creditors may also, by resolution adjourn the meeting for a period that must not exceed 45 business days.
7. In the event that the Companies are placed into a deed of company arrangement, confirm Terry John Rose and David Michael Stimpson as the Deed Administrators of the Companies;
8. In the event that the Companies are placed into a deed of company arrangement, seek approval of the Deed Administrators remuneration;
9. In the event that the Companies are wound up, confirm Terry John Rose and David Michael Stimpson as the Liquidators of the Companies;
10. In the event that the Companies are wound up, seek approval of the Liquidators remuneration;
11. To seek approval of the Voluntary Administrators remuneration;
12. In the event that the Companies are placed into a deed of company arrangement, to consider the appointment of a committee of inspection;
13. In the event that the Companies are wound up, to consider the appointment of a committee of inspection;
14. In the event that the Companies are put into Liquidation, authorise the Liquidators to destroy, at their discretion, the books and records of the Companies within a period of 5 years after the dissolution of the Companies, subject to obtaining prior approval from the Australian Securities and Investment Commission, 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 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.

Terrence John Rose
Administrator

Terry John Rose and David Michael Stimpson
Joint Appointees