Australia's largest stock trading and investment forum Australia's #1 stock forum

STL

Click for more information

0.00%

$1.90 stargroup limited

Ann: Adjournment of AGM, page-4

First 4 Last

Share
Profile

Follow
McKhenry

726 Posts.

64

25/11/17

10:58

Post #: 29110412
Share

Originally posted by localwa ↑

Dear Ms Brown

RE: Application to adjourn Annual General Meeting

Stargroup Ltd (ASX:STL) (the Company) today announce that Simon Theobald, Melissa Humann and
Stephen Longley, in their capacity as joint and several Administrators of the Company (the
Administrators), have lodged an application with the Australian Securities and Investments Commission
to adjourn the Annual General Meeting (AGM) of the Company. The AGM was originally called for 29
November 2017.

It is proposed to adjourn the meeting for a period of up to approximately six months.
The Administrators are of the opinion that the proposed adjournment will not cause any prejudice to
shareholders. No decisions can be made at the AGM which will impact the Company’s future operations.

By the time the AGM is reconvened, it is hoped that a restructuring proposal will also be available for
shareholders.

Shareholders will be advised when the adjourned AGM is called.
Stargroup Ltd
(Receivers and Managers Appointed)
(Administrators Appointed)

Expand

That pretty much means nothing for us for the next year, but plenty for creditors and liquidators no doubt.

Heaven forbid they just do a CR and oust the board.

STL Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

NWH

"A punch in the face": HotCopper users unhappy with NOVONIX's 60cps raise

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 28 more messages in this thread...

First 4 Last

Add STL (ASX) to my watchlist