Takeovers Panel Issues Interim Orders for Humm Group to Adjourn General Meeting

MT Newswires Live

Mar 11

Australia's Takeovers Panel made interim orders in response to Akat Investments' application, requiring the further adjournment of the general meeting of Humm Group (ASX:HUM) shareholders convened by Jeremy Raper and Sandhurst Trustees as custodian for Collins St Value Fund to a date that is no earlier than April 20 and no later than May 4, according to a Wednesday Australian bourse filing.

The meeting was adjourned to Friday, March 13, by Humm in accordance with the Panel's initial interim orders. A notice of the adjourned meeting must be issued by Humm, in compliance with the notice requirements in its constitution, in a form acceptable to the Panel.

The Panel considers that interim orders are necessary to preserve the status quo.

The firm's shares fell 1% in recent trading on Wednesday.

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