ASIC Published Notices

Notice is given that a resumed meeting of the creditors of the Company, or a resumed meeting for each of the Companies, (for multiple companies), will be held:

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

Agenda items are:

(a) to receive the Supplementary Report to Creditors dated 23 October 2024 by the Administrators about the business, property, affairs and financial circumstances of the Companies;

(b) to receive a statement of the Administrators opinion and reasons for the opinion:

a. whether it would be in the creditors interests for the Companies to execute a Joint Deed of Company Arrangement;
b. whether it would be in the creditors interests for the administration of the Companies to end; or
c. whether it would be in the creditors interests for the Companies to be wound up.

(c) to receive a statement of such other information known to the Administrators as will enable the creditors to make an informed decision about the matters at paragraphs 3(b) a ? c above;

(d) to receive details of any transactions that appear to the Administrators 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;

(e) to receive details of any proposed Deed of Company Arrangement for the Companies;

(f) for the creditors of the Companies to resolve that:

a. the Companies execute a Joint Deed of Company Arrangement; or
b. the administration of the Companies should end; or
c. the Companies be wound up.

(g) approval of the remuneration of the Administrators;

(h) if the Companies are wound up, the appointment of the Liquidator(s);

(i) if the Companies are wound up, approval of the remuneration and disbursements of the Liquidator(s);

(j) to consider the early destruction of the books and records of the Companies;

(k) to consider appointing a Committee of Inspection and if so, who are to be the Committee members and that Committee members may directly or indirectly gain a profit or advantage from the external administration of the Companies;

(l) if the Companies execute a Joint Deed of Company Arrangement, the appointment of the Deed Administrator(s);

(m) if the Companies execute a Joint Deed of Company Arrangement, approval of the remuneration and disbursements of the Deed Administrator(s); and

(n) any other business.

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

Note: Proofs and proxies admitted for voting at the adjourned meeting(s) are valid for the resumed meeting(s)

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

Brent Kijurina
Administrator

Richard Albarran
Joint Appointees