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.
Mulwala has come from behind to knock Deniliquin out in week one of the Murray Netball League finals.
Although still not at their best, Mulwala have finished on top of the Murray League ladder after a comfortable victory over Cobram.
The International Guide Jamboree will take place at Lake Somerset, South East Queensland from September 25 to October 3, for Guides aged 10-17 years, and will be hosted by Girl Guides Australia.
AFTER the success of the inaugural Community Awareness and Choices Expo on Friday, the event has been confirmed for next year.
ROCHESTER has welcomed its new Uniting Church minister.
Kyabram under pressure to maintain vital top three spot
The Seymour sub-branch of the RSL needs information on local soldiers during World War I.
Berrigan public decides drainage works location
EARTHCOTE Events boss Spiro Boursinos has slammed allegations his annual Pyalong festival is anything but a safe and well organised function.
Handymen and creative builders will now have a safer space to work in after a donation allowed the Cobram Men’s Shed to invest in a defibrillator.
Cancer claims one of its fiercest combatants.
School's in for farming students
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.