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.
At the information day about the possibility of a drug and alcohol addiction recovery centre being established near Numurkah, News journalist Elaine Cooney met an inspirational Wunghnu woman who pulled herself from the depths of an ice addiction to become a better mother to her children
At the presentations located at the half-way mark of YMGCR's Lake Course, PGA Legends Co-Ordinator Andy Rogers said, "It's been a great three days.
Tatura’s rainfall for the last three months of 2015, 116.6mm, was marginally down on the long-term average for the same period, 120.8mm.
SKI Racing Australia chief executive Grant Cummin and Moama Water Sports Club president Steve Robson have expressed their condolences to the family of skier Kevin Vahtrik, who died yesterday racing at the Southern 80.
ROCHESTER has welcomed a new family into the community this year.
More of the districts newest preps
No end to V/Line's troubles
The Finley community will always remember the tremendous Trevor Hendy, who was friends with everyone.
TOOLLEEN Recreation Reserve Committee of Management presented three awards on Australia Day in front of 80 local residents.
%Cobram’s new, state-of-the-art library is a step closer to reality, with construction works expected to begin at the Punt Rd site within weeks.
World War II veteran Max Gunn reflects on town's historic recognition.
There’s been a big win for SPC and Australian tomato growers.
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.