Significant Events
IBA has notified the Minister of significant events as required under Section 15 of the CAC Act. These events relate to Output Group 1.1, Equity and Investments, and are listed in Table 25.
| Section 15 of CAC Act | Name of body | Event | Date of event |
|---|---|---|---|
| (a) form a company or participate in the formation of a company | Tennant Creek Supermarket Pty Ltd | Establishment of nominee/agent for Tennant Creek Food Barn Partnership. | 4 July 2008 |
| Tennant Creek Enterprises Pty Ltd | Trustee of the Tennant Creek Enterprises Trust. | 1 July 2008 | |
| Seven Spirit Bay Enterprises Pty Ltd | Establishment of an investment vehicle for Seven Spirit Bay Wilderness Lodge. Purchase negotiations continuing. | 23 December 2008 | |
| Consolidating Manufacturing Enterprise Pty Ltd (CME Pty Ltd) | Formation of company to acquire and operate the manufacturing plant which will produce aquaculture feed in Inverell, NSW. | 27 March 2009 | |
| (b) participate in a significant partnership, trust, unincorporated joint venture or similar arrangement | Tennant Creek Enterprises Trust | Formation of the structure to acquire Tennant Food Barn. | 2 July 2008 |
| Tennant Creek Food Barn Partnership | 16 July 2008 | ||
| Tennant Creek Land Holding Trust | 1,188,180 units issued to IBA over 4 months. | 15 July 2008 | |
| Swanbrook Road Holding Trust | Formation of trust to acquire land and buildings and to lease to CME Pty Ltd. | 1 April 2009 | |
| (c) acquire or dispose of a significant shareholding in a company | Tennant Creek Supermarket Pty Ltd | As part of the acquisition of the Tennant Food Barn, 900 shares acquired in Tennant Creek Enterprises Pty Ltd. | 16 July 2008 |
| Tennant Food Barn | Acquisition of a supermarket business. The ownership of the business is as follows: 90% Tennant Creek Enterprises Pty Ltd; 10% Julalikari Holdings Pty Ltd. The structure of the business is detailed above. | 3 November 2008 | |
| Centrum Insurance Brokers Pty Ltd | Disposal of business. | 1 December 2008 | |
| CME Pty Ltd | IBA acquired 6,668 shares in CME Pty Ltd in two tranches.
IBA now holds 100% shares in the company. CME Pty Ltd operates a manufacturing plant which produces aquaculture feed in Inverell, NSW. |
1 April 2009; 18 May 2009 | |
| Tjapukai Pty Ltd | IBA acquired a further 22.22% interest in the company from two of the existing shareholders in two tranches. IBA and its subsidiary company TCTP Pty Ltd now holds five of the nine shares issued. | 5 June 2009; 18 June 2009 | |
| (d) acquire or dispose of a significant business | 25 Wilkinson St, Alice Springs | Disposal of asset. | 26 March 2009 |
| (e) commence or cease a significant business activity | Willow Bend Sports Complex | Disposal of business. | 3 December 2008 |
| Unimproved land at Condobolin, NSW | Disposal of business. | 3 December 2008 | |
| Brewarrina Motel | Disposal of business. | 19 February 2009 | |
| (f) make a significant change in the nature or extent of its interest in a significant partnership, trust, unincorporated joint venture or similar arrangement | IBA acquired a further 32.31% interest in the Tjapukai Cultural Theme Park Partnership from two of its partners in two tranches. IBA and its subsidiary company CDC Nominees (TCTP) Pty Ltd now owns 66.25% of the partnership. | 5 June 2009; 18 June 2009 |