I confirm that Peter Gountzos and I were appointed Joint and Several Administrators of Roaring Forties Pty Ltd on 21 March 2006 pursuant to a resolution of the company’s director in accordance with the provisions of Section 436A(1) of the Corporations Act 2001(“The Act”).
During the course of the Administration period I will be investigating the company’s affairs including the conduct of the company’s director and the associated relationship with the South African company CAMCO. I note the first meeting of creditors will be held on Tuesday, 28 March 2006 and should my appointment be confirmed at this meeting I am required by law to provide a detailed report to creditors to be sent on 13 April 2006 prior to the second creditors meeting scheduled to be held on Monday, 24 April 2006.
I note that the assets of the business are for sale and an advertisement which will be placed in The Australian Financial Review newspaper, expressions of interest should be directed to my office.
Should you have any queries or require any further information in respect to this matter, please contact Mr Tim Brace or Mr Marcus Paciocco of this office on the following:
Email
tbrace@cjlpartners.com.au mpaciocco@cjlpartners.com.au
Telephone
61 03 9639 4779
Facsimile
61 03 9639 4773
Regards
Richard J Cauchi
Joint and Several Administrator