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s667C of the Corporations Act. Section 667C has brought to the forefront issues of fairness and broad application to various forms of compulsory acquisition under the Corporations Act which may .. 15 Subsection 661A(1) of the Corporations Act. Prior to the commencement of the CLERP Act the relevant provision was
19 Dec 2016 CIMIC Group Investments No. 2 Limited (CGI2) has a relevant interest in 90.003% of all shares in. UGL Limited (UGL) as at 2.10pm today. Accordingly, CGI2 is now exercising its right under section 661A(1) of the Corporations Act to compulsorily acquire the remaining shares in UGL. Attached, in
About this guide. This guide is for persons who are undertaking, or are subject to, a compulsory acquisition under Ch 6A of the Corporations Act 2001. (Corporations Act). It is also for persons who are required to give, or are entitled to, buyout rights. This guide: • discusses the purposes underlying compulsory acquisition and
Corporations Act 2001. No. 50, 2001. Compilation No. 70. Compilation date: 14 April 2015. Includes amendments up to: Act No. 36, 2015. Registered: 29 April 2015 Compulsory acquisition of bid class securities Division 1. Section 661A. Corporations Act 2001. 231. Compilation No. 70. Compilation date: 14/4/15.
14 Jun 2012 The Offer closed at 7.00pm (Sydney Time) on 6 June 2012. As at 6 June 2012, Panoramic had a relevant interest in 92.24% of the ordinary shares in Magma. Panoramic is therefore entitled pursuant to section. 661A of the Corporations Act 2001 (Cth) (“Corporations Act") to proceed with compulsory
10 Oct 2002 We also set out our reasons for declining the application by Mirvac to vary or revoke the modification of Item 7 of section 611 of the Corporations Act. The .. Section 661A(1) also requires that the bidder and its associates acquire 75% (by number) of the securities the bidder offered to acquire under the bid.
Corporations Act 2001. Act No. 50 of 2001 as amended. This compilation was prepared on 10 April 2006 taking into account amendments up to Act No. 17 of 2006. Volume 1 includes: Table of Contents. Chapters 1–2K (ss. 1 – 282). The text of any of those amendments not in force on that date is appended in the Notes
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Expand Part 1.1A—Interaction between Corporations legislation and State and Territory laws, Part 1.1A—Interaction between Corporations legislation and State and Territory laws
28 Feb 2014 section 661A of the Corporations Act. As a result, in accordance with section 661B(1)(d) of the Corporations Act, we enclose: a) a copy of ASIC form 6021 (Notice of compulsory acquisition following takeover bid) (the “Notice") and an accompanying covering letter (the “Letter") that will be sent to remaining
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