<P>Gladstone Newsp
2015年7月16日Creditors approve proposal to save Boulder Steel project
Otsana Capital, working closely in conjunction with Paul Sundstrom, were successful proponents of the Deed of Company Arrangement (DOCA) proposal for Boulder Steel Ltd (Administrator Appointed) (Boulder Steel), owner of the Gladstone Steel Project at an adjourned second meeting of creditors on Tuesday morning.
The existing shareholders of Boulder Steel will now be required to approve resolutions at a shareholders meeting, estimated to be held in the next three months.
He said he was very comfortable working with the Otsana people and was quietly confident "that together we will get the job done and deliver those 1800 permanent jobs that are at stake".
It is expected that significantly more jobs will be created during the construction phase of the project, which Mr Sundstrom said would be a huge benefit to the local community and businesses.
He will be working closely with Otsana over the period leading up to the shareholders meeting to preserve the value of the Gladstone Steel Project and ensure all the necessary steps are taken for Boulder Steel to realise the DOCA.
According to its website, Otsana Capital specialises in IPOs (initial public offerings), corporate restructuring and recapitalisation of ASX listed companies.
Its team has specialist skills in louboutin replica mergers, acquisitions, capital raisings and listing ASX companies.
Its aim is to "do projects that we think are important and also contributing to Christian Louboutin Outlet noble causes we value".
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Otsana Capital, working closely in conjunction with Paul Sundstrom, were successful proponents of the Deed of Company Arrangement (DOCA) proposal for Boulder Steel Ltd (Administrator Appointed) (Boulder Steel), owner of the Gladstone Steel Project at an adjourned second meeting of creditors on Tuesday morning.
The existing shareholders of Boulder Steel will now be required to approve resolutions at a shareholders meeting, estimated to be held in the next three months.
He said he was very comfortable working with the Otsana people and was quietly confident "that together we will get the job done and deliver those 1800 permanent jobs that are at stake".
It is expected that significantly more jobs will be created during the construction phase of the project, which Mr Sundstrom said would be a huge benefit to the local community and businesses.
He will be working closely with Otsana over the period leading up to the shareholders meeting to preserve the value of the Gladstone Steel Project and ensure all the necessary steps are taken for Boulder Steel to realise the DOCA.
According to its website, Otsana Capital specialises in IPOs (initial public offerings), corporate restructuring and recapitalisation of ASX listed companies.
Its team has specialist skills in louboutin replica mergers, acquisitions, capital raisings and listing ASX companies.
Its aim is to "do projects that we think are important and also contributing to Christian Louboutin Outlet noble causes we value".
Gladstone Newspaper Company Pty Ltd 2015. buy christian louboutin replica
APN APN Christian Louboutin For Sale Group Websites
Need Help? Refer to our helpful FAQ section for any problems you might be experiencing.
Gladstone Observer Gladstone News National News World News Sport Lifestyle Travel Shopping Business Real Estate Home Loans Horoscopes Gladstone Weather Newspapers in Education
Things to Do Entertainment Events Place an event Competitions
Gladstone Classifieds Jobs in Gladstone Cars for Sale in Gladstone Property listings in Gladstone Bargains for Sale in Gladstone Obituaries in Gladstone Personals in Gladstone Notices in Gladstone
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