The Gribbles Group Limited – Panel Receives Application [09/07/2004] The Takeovers Panel

Friday, 9 July 2004

THE GRIBBLES GROUP LIMITED – PANEL RECEIVES APPLICATION

The Panel has received an application from the Australian Securities and Investments Commission (ASIC) dated 9 July 2004 alleging unacceptable circumstances in relation to the affairs of The Gribbles Group Limited (the Application).

The Application concerns the alleged failure by various entities to comply with sections 671B, 672A and 672B of the Corporations Act 2001 (Cth).

The Panel has not yet sought the views of ASIC or other persons potentially involved in the Application and has therefore formed no views on the application.

The President of the Panel is appointing a sitting Panel to consider the application.

George Durbridge
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3553
george.durbridge@takeovers.gov.au