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. 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. to consider the appointment of an alternative deed administrator(s) or liquidator(s)
5. 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
6. if the company is wound up to consider the early destruction of books and records
7. any other business

8. Should the company be wound up, to approve, pursuant to Section 477(2B) of the Corporations Act, that the Liquidator may enter into a cost agreement, which exceeds the period of three (3) months, with a solicitor for the provision of legal services that may be required during the course of the liquidation.

9. Should the company be wound up, to approve, pursuant to Regulation 5.4.02 of the Corporations Regulations Act, that the Liquidator may compromise a debt of the company if the amount claimed by the company exceeds $100,000.

MEETING OF ELIGABLE EMPLOYEES AT 10:30am AEDT (9:30 QLD TIME):

1. At the meeting of eligible employees, to receive and discuss the Administrator?s Circular to Eligible Employee Creditors dated 23 February 2016.

2. At the meeting of eligible employees, to consider a resolution pursuant to Section 444DA(2)(a) of the Corporations Act 2001 ("the Act") that the provision that would otherwise be required under section 444DA (1) of the Act will not be included in the proposed Deed of Company Arrangement ("DOCA") to be considered by the meeting of the creditors to be held on Wednesday 2 March 2016 at 11:00AM AEDT (10:00AM QLD Time).

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

Michael Gregory Jones
Administrator