Investors in Banksia Securities Limited, which went into receivership last month, will meet with debenture holders in Shepparton on December 14.November 14, 2012 3:00pm
Receivers and managers of Banksia Securities Limited McGrathNicol today announced a series of information sessions for BSL debenture holders would be held in two locations on Friday, December 14.
McGrathNicol also announced subject to no complications with the claims calculation process, the first payment to investors will be in the range of 10 to 15 cents in the dollar.
It plans to make the first payment to BSL debenture holders before Christmas.
McGrathNicol will host four debenture holder information sessions on the same the day: two in Shepparton from 10am-12pm and 1pm-3pm at the Shepparton Sports Stadium and two in Ballarat.
The same information will be provided to debenture holders at all four sessions, Receiver Tony McGrath said.
‘‘As you know BSL has offices spread right across Victoria so we needed to make sure that the venues chosen for the information sessions would be convenient for as many debenture holders as possible,’’ Mr McGrath said.
‘‘In making that decision, we evaluated the spread and concentration of debenture holders and the size of available facilities.’’
Debenture holders will receive a report on BSL’s activities and major assets as well as information on the timing and quantum of future payments, prior to the December 14 information sessions.
Debenture holders should contact the debenture holder hotline on 1800 722 079 to register for these information sessions.
Volunteers take to the road to deliver Meals on Wheels to elderly and disabled in Shepparton.
The 2016 Shepparton BMW Senior Victorian Open, hosted jointly by Black Bull Golf Course and the Yarrawonga Mulwala Golf Club Resort in February, has been named the Victorian Legends Pro Am of the Year for 2016.
The Aboriginal and wider community is mourning the death of revered Bangerang Aboriginal elder, Uncle John ‘‘Sandy’’ Atkinson.
BUNNALOO author Fleur Ferris has won two awards for her first novel Risk
NANNEELLA’S night of music and family fun went off with a bang last weekend.
FURTHER demolition of Kyabram P-12 College’s A-wing building began on Monday.
Avenel win over Nagambie to take top spot
Berrigan Shire councillor Daryll Morris says he has been sickened by some of the vitriol and personal attacks to surface since the council’s proposal to redevelop Finley’s Memorial Hall and School of Arts site was revealed in October last year.
PETER Maine has been re-elected as president of Heathcote Tourism and Development, with the region facing an exciting 12 months ahead.
It is renowned for using its manpower to help rebuild fences, clean up after fires and floods and offer relief during drought, but now BlazeAid has turned its attention to the dairy crisis
At 77 years of age, popular local golfer Paul ‘Tango’ has claimed his second hole-in-one.
Tuesday, August 16
The News magazines are online - read high quality magazines in your time. Check in regularly for the latest editions.
Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.