Notice of Watershed Meeting of Creditors

Pursuant to Section 239AU of the Companies Act 1993

Notice is hereby given that a watershed meeting of the creditors of the above-named company will be held at the offices of the administrators, Level 9, Tower Centre, 45 Queen Street, Auckland, commencing on 26 June 2020 at 10.00am .

The purpose of the meeting is:

1. To consider the administrators’ report.
2. To determine:
1. whether to execute a Deed of Company Arrangement (DOCA)*;
2. whether to bring the administration to an end (such that control of the company reverts to its directors); or
3. whether the company should be placed into liquidation.

Dated this 18th day of June 2020.

TONY L. MAGINNESS, Administrator.

Enquiries to: Daniel Zhang, Baker Tilly Staples Rodway Auckland Limited, PO Box 3899, Auckland. Telephone: (09) 309 0463. Email: daniel.zhang@bakertillysr.nz.

*No DOCA has been proposed. As set out in the administrators’ report, the administrators do not consider it appropriate to propose a DOCA.