Column 1 Column 2 1 White Energy (ASX:WEC, OTCQX:WECFY) 2 The original takeover document. Bid by PT Bayan Resources TBK of Indonesia for the outstanding 43.85% shares in Kangaroo Resources Limited of Australia.Https://hotcopper.com.au/threads/ann-pt-bayan-to-acquire-100-of-kangaroo-at-0-15-per-share.4364534/?post_id=34986032#.W5T3l8DPyUk
Crucial dates:First Court Hearing - 5th October 2018Dispatch of Documents to Shareholders - 11th October 2018Scheme Meeting - 16th November Second Court Hearing - 23rd November 2018Effective Date - 26th November 2018Implementation
Date - 6th December 2018------
The above is of interest to White Energy as 56.05% of PT Bayan's shareholding in Kangaroo resources are frozen by Australia's courts and backed up by the Australian Federal Appeals Court in Canberra. Kangaroo Resources frozen order was withdrawn by Australia's Appeal Court.The frozen order is until the final decision is made by a Singaporean Court concerning the Tabang Project in Indonesia and its order being fully satisfied.
The Roo to be taken over, page-6
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