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Takeovers Panel Rejects Mayfield Childcare Claim, Refers Breaches to ASIC

10:21am on Thursday 26th of June, 2025 AEST Financial Services
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Takeovers Panel Rejects Mayfield Childcare Claim, Refers Breaches to ASIC

10:21am on Thursday 26th of June, 2025 AEST
Key Points
  • Panel dismissed Mayfield's application as out of time
  • Alleged undisclosed shareholder association involved 43% stake
  • Share placement and upcoming AGM board resolutions under scrutiny
  • Possible breaches of takeover and substantial holder rules referred to ASIC
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