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done deal?
Softpedia:
July 30th, 2012, 08:31 GMT · By Constantin Murariu
www.reuters.com/article/2012/02/01/australia-lynas-malaysia-idUSL4E8D15JF20120201
Malaysia approves temporary licence for Lynas rare earths plant
KUALA LUMPUR | Wed Feb 1, 2012 7:55am EST
Feb 1 (Reuters) - Malaysia's Atomic Energy Licensing Board has conditionally approved a pre-operating licence for a $200 million rare earths processing plant being built by Australia's Lynas Corp, the board and the country's Ministry of Science said on Wednesday.
(Reporting by Niki Koswanage)
Lynas receives ‘conditional’ licence to operate
PETALING JAYA: The Atomic Energy Licencing Board (AELB) and the Science, Technology and Innovation Ministry (Mosti) have granted Lynas Corp its long awaited temporary operating licence (TOL) for its rare earth plant in Gebeng.
In a joint media statement this evening, AELB and Mosti said that the decision was made after taking into consideration public views and feedback on Lynas’ application permit.
The 300-page document was displayed for public viewing for three weeks beginning January 3 at various locations in Selangor and Pahang.
According to AELB, 334 people viewed the documents and 1,123 feedback forms were submitted as of January 26. The Board met on Monday where the decision to award the TOL to Lynas was made.
“The awarding of the TOL is subject to a number of conditions and will be suspended or revoked if those conditions are breached,and a reapplication will not be entertained,” said the statement.
“In addition to that, the residue management for as long as Lynas is under the TOL is the sole responsibility of the company which includes returning the residue to its original source if necessary.”
Conditional approval
AELB and Mosti have set out five conditions for the Lynas Advanced Materials Plant (LAMP). The first is that Lynas must submit all details of the Permanent Disposal Facility (PDF).
Second is for the plan and location of the PDF to be submitted regardless of the findings from research and development, commercialization, recycling and reuse of the residue.
Third is for the plan and location of the PDF to be submitted and be granted approval during the duration of the TOL and not exceeding 10 months from the licence awarding date.
Fourth is for Lynas to adhere to the terms of financial guarantee under the relevant laws and according to the recommendations made by Lynas (M) Sdn Bhd that US$50 million (RM150 million) be paid in installments to the Malaysian government.
And finally the Board has the right to elect an independent consultant to assess Lynas’ adherence to the standards and regulations that have been set. The cost of this consultant will be borne by the license.
Lynas last week announced that it has raised US$225 million (RM700 million) in bonds to complete Phase One of the plant and will be delaying operations to the second quarter of the year.
http://www.freemalaysiatoday.com/2012/02/01/lynas-receives-conditional-licence-to-operate/" rel="nofollow" target="_blank" >http://www.freemalaysiatoday.com/2012/02/01/lynas-receives-conditional-licence-to-operate/
Edev, I don't really know what you are trying to explain - I had no problem voting with my broker Cortal Consors. They even called me back today to ensure everything I submitted was o.k.
GLTY
especially when backtrax is spreading false and misleaduing information into the public - irresponsible
GLTY
it´s your own decision....
good luck
backtrax may I quote from my BENEFICIAL HOLDER BALLOT FOR CLASS 22 (COMMON EQUITY INTERESTS) (CUSIP NO. 939322 10 3) which is right in front of me:
page 3:
IF YOU RECEIVED A RETURN ENVELOPE ADDRESSED TO YOUR BANK, BROKER, OR OTHER VOTING NOMINEE (EACH OF THE FOREGOING, A “VOTING NOMINEE”), YOU MUST RETURN THIS BENEFICIAL HOLDER BALLOT TO SUCH VOTING NOMINEE AND NOT THE VOTING AGENT. PLEASE ALLOW SUFFICIENT TIME FOR YOUR VOTING NOMINEE TO PROCESS YOUR BENEFICIAL HOLDER BALLOT ON A MASTER BALLOT AND RETURN THE MASTER BALLOT TO THE VOTING AGENT BEFORE THE VOTING AND ELECTION DEADLINE.
IF YOU RECEIVED A RETURN ENVELOPE ADDRESSED TO YOUR BANK, BROKER, OR OTHER VOTING NOMINEE (EACH OF THE FOREGOING, A “VOTING NOMINEE”), PLEASE RETURN THE BENEFICIAL HOLDER BALLOT TO SUCH VOTING NOMINEE AND ALLOW SUFFICIENT TIME FOR YOUR VOTING NOMINEE TO PROCESS YOUR VOTE ON A MASTER BALLOT AND RETURN THE MASTER BALLOT TO THE VOTING AGENT BEFORE THE VOTING AND ELECTION DEADLINE.
Additionally, regardless of whether you opt out of granting the releases, the Voting Nominee holding your Common Equity Interests must “tender” your notes into the appropriate election account established at The Depository Trust Company (“DTC”). Failure to do so will render your election – either to opt in or to opt out – ineffective. Common Equity Interests may NOT be withdrawn from the DTC election account after your Voting Nominee has tendered them to the election account at DTC. Once the Common Equity Interests have been tendered, NO further trading will be permitted in the Common Equity Interests held in the election account. If the Plan is not confirmed, DTC will, in accordance with its customary practices and procedures, return all Common Equity Interests held in the election account to the applicable Voting Nominee for credit to the account of the applicable beneficial holder.
If your Voting Nominee does not tender your Common Equity Interests, any election made by you will not be counted, you will not be entitled to receive a distribution pursuant to the Plan on the Effective Date, and you will be treated in accordance with Section 31.6(c) of the Plan.
...
But if they didn't provide a return-envelope, and your stock is common-equity-intrests, class 22 it needs to go to KCC.
....
No return-envelope=Send to the address listed in the second-page of the 7 page court document, that should have come with the ballot.
Germany - Cortal Consors S.A.
recieved notification from my broker today - Ballot (identical with the file from KCCLLC) and Form W8BEN available as download.
dead line for returning ballot and signed W8: 27.01.2012
no, he just returned this email:
Attached are the ballots you requested along with ancillary materials (Notice of Confirmation Hearing, Debtor Letter, Creditor Committee Letter, Equity Committee Letter) regarding Washington Mutual. Also attached below are links to the Disclosure Statement and Joint Plan, Confirmation Hearing Notice and Disclosure Statement Order.
Disclosure Statement for the Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code
Notice of (I) Approval of Disclosure Statement; (II) Hearing on Confirmation of the Plan; (III) Establishment of a Voting and Election Record Date and Deadline; (IV) Procedures and Deadline for Voting on and Making Elections with Respect to the Plan; (V) Procedures for Objecting to Confirmation of the Plan; and (VI) Certain Other Information
Order (I) Approving the Proposed Disclosure Statement and the Form and Manner of the Notice of the Proposed Disclosure Statement Hearing, (II) Establishing Solicitation and Voting Procedures, (III) Scheduling A Confirmation Hearing, and (IV) Establishing Notice and Objection Procedures for Confirmation of the Debtors' Seventh Amended Plan
(If you cannot access the documents using the links above, please go to www.kccllc.net and go to the Washington Mutual link. The materials are included in the “Solicitation Documents for the 7th Amended Plan” tab.)
**IMPORTANT** -- If your securities are held at a bank/broker nominee, your ballot/election form must be delivered to your nominee in time to be processed in advance of the voting and election deadline(s). DO NOT RETURN YOUR BALLOT/ELECTION FORM DIRECTLY TO KCC. Your nominee MUST process your voting/election instructions in order for your vote/election to be counted.
If your voting nominee has any questions about the voting /election procedures, please have them contact Kurtzman Carson Consultants at 917.281.4800, or via email at KCC_GSGSC@kccllc.com.
Thank you
My broker (Cortal Consors) is aware of the situation and is in contact with relevant institutions; up to now -email from today- the have no official communication /information from KCCLLC. I mailed KCCLLC yesterday and got a Ballot and additional paperwork from Peter Walsh by email.
I think he means Nürnberg - not looking at the picture of Köln
ROFLMAO
great .....
volume in germany is:
~ 10 million in Frankfurt
~ 2.8 Million in Stuttgart
~ 1.8 million in Munich
~ 0.9 million in Berlin
sorry, messed up the link
www.polishmarket.com.pl/document/:21774?p=%2Flate%2F
the text has been changed...
http://www.polishmarket.com.pl/document/:21774?p=%2Flate%2F" rel="nofollow" target="_blank" >http://www.polishmarket.com.pl/document/:21774?p=%2Flate%2F
... A swift wave of consolidations has swept over the US banking sector in 2008-2009. In a spectacular development, JP Morgan took over Washington Mutual Inc. creating, in effect, the third largest para-bank institution in the United States. ...