Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
SSG Investments Pty Ltd v Australian National Industries Ltd [1999] FCA 12
CORPORATIONS – takeover bid – fourteen day period reduced by ASIC variation to one day – whether Part A statement served one day before offers sent – whether Part A statement registered the day before service on target company WORDS AND PHRASES – "registered" Corporations Law ss 637, 639(2), 644, 647(1)(a), 730, 743 Diamond Rose NL v Striker Resources NL (1998) 28 ACSC 749 distinguished
SSG INVESTMENTS PTY LTD v AUSTRALIAN NATIONAL INDUSTRIES LIMITED NO. V 3004 of 1999 HEEREY J
7 JANUARY 1999 MELBOURNE
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY V 3004 of 1999
IN THE MATTER OF
AUSTRALIAN NATIONAL INDUSTRIES LIMITED (ACN 000 066 071)
BETWEEN: SSG INVESTMENTS PTY LTD (ACN 085 490 526)
Applicant
AND: AUSTRALIAN NATIONAL INDUSTRIES LIMITED
Respondent
JUDGE: HEEREY J
DATE OF ORDER: 7 JANUARY 1999
WHERE MADE: MELBOURNE
THE COURT DECLARES THAT:
1. The Part A statement of the applicant dated 13 December 1998 was validly served on Australian National Industries Limited on 15 December 1998 and that such service did not contravene s 644(1) of the Corporations Law.
2. The Part A statement of the applicant dated 13 December 1998 to shareholders of Australian National Industries Limited on and from 16 December 1998 did not contravene s 637(1) of the Corporations Law.
3. The Part A statement of the applicant dated 13 December 1998 was registered by the Australian Securities and Investments Commission on 14 December 1998.
Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY V 3004 of 1999
IN THE MATTER OF
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