TOV: FBR Acting President Declines to Make Interim Orders

Open PDF
Stock FBR Ltd (FBR.ASX)
Release Time 5 May 2025, 4:40 p.m.
Price Sensitive Yes
 FBR Acting President Declines to Make Interim Orders
Key Points
  • The Panel refers to the application by Mr Bob Ciesla in relation to FBR Limited
  • The Acting President has declined to make the interim order sought to defer FBR's EGM
  • A sitting Panel has not been appointed, and no decision has been made whether to conduct proceedings
Full Summary

The Takeovers Panel has released a media announcement regarding an application made by Mr Bob Ciesla in relation to the affairs of FBR Limited. The Panel states that the Acting President of the Panel has declined to make the interim order sought by the applicant to defer FBR Limited's Extraordinary General Meeting (EGM) scheduled to be held on Tuesday, 6 May 2025 at 10am (Perth time). The Panel further notes that a sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.