Elks application declined

THE Takeovers Panel has declined to become involved in a stoush between Moreton Resources and its former CEO and chairman Alexander Jason Elks.

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Elks application declined Elks application declined Elks application declined Elks application declined Elks application declined

The Takeovers Panel has decided not to get involved in a Moreton Resources stoush.

On June 26 Moreton Resources appointed Grant Sparks and David Orr of Deloitte as administrators of the company and four of its subsidiaries.