24 January 2018
ASX Market Announcements Australian Securities Exchange 20 Bridge Street
SYDNEY NSW 2000
By Electronic Lodgement
Extension of Convening Period
On 23 January 2018, the Supreme Court of Western Australia made orders extending the convening period within which Hayden White and Matthew Woods from KPMG, in their capacity as administrators of AnaeCo Limited (Administrators Appointed) ("the Company"), must convene the second meeting of creditors of the Company pursuant to section 439A of the Corporations Act 2001 ("the Act"), to on or before 7 March 2018.
Pursuant to the orders, the Administrators may hold the second meeting of creditors any time during, or within 5 business days after, the extended period subject to the relevant notice provisions under the Act.
The extended convening period will allow sufficient time for the Administrators to:
Receive, consider and negotiate any formal proposals for the acquisition of the business or restructure of the Company through a Deed of Company Arrangement of the Company; and
Prepare appropriate recommendations to creditors on the merits of any proposals received for the purposes of section 75-225(3) of the Insolvency Practice Rules (Corporations) 2016
Hayden White for and on behalf of
ANAECO LIMITED (ADMINISTRATORS APPOINTED)
Anaeco Limited published this content on 25 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 January 2018 03:29:03 UTC.
Original documenthttp://www.anaeco.com/sites/default/files/Extension of Convening Period 240118.pdf
Public permalinkhttp://www.publicnow.com/view/ACA83CF061373227AD3A2ABCE64F70D7C995914B