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.
A man suffered serious burns to his face and chest after a butane can explosion caused a fire at a Shepparton house yesterday.
More than 2200 people have signed up to show their support for a campaign to have the green route chosen for the new Yarrawonga Mulwala bridge.
Members of Murchison Book Club are hosting a literary lunch with Vivien Achia, author of Marrying Italian — When Love is Not Enough.
Murray Shire councillor Geoff Mackenzie apologised to councillors at a Murray Shire Council meeting on Tuesday about any offence caused by comments he made in November.
Painter Ben Winspear and Scott Wileman will create new works as the public look on during the at Rochester Art Exhibition.
Kyabram Bombers have the chance to beat Rochester under light for the first time this Friday evening.
Lions star recruit had a tough introduction to the GVFL.
Tocumwal's Don Elgin is aiming to compete at the 2014 Commonwealth Games in Scotland
Heathcote's Union Hotel is continuing its record of fundraising for the Royal Children's Hospital.
Moira Shire Council's new chief executive says he will 'establish a standard of behaviour' as part of an overhaul of the organisation.
Senior state minister Adrian Piccoli reaquainted himself with Deniliquin yesterday, leaving Deniliquin Counil hopeful it has an ally in him.
With his blue eyes and snow-coloured coat, Nanneella horse Sinatra has looks worthy of a fairytale.
Benalla mother Denise Cooke will hold an Anzac Day tennis event to raise funds for the Cambodian orphanages from where she adopted her children.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
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.