RCL GROUP(RLG)

company deregistered today

company has changed its name to A.C.N. 119 517 985 LIMITED

the Receivers terminated the services of Link Market Services Limited effective 31 October 2012. As a result, there is currently no party providing share registry services to RCL Group

delisted following failure to pay annual listing fees in respect of the year ending 30 June 2013

RCL Group (ASX ticker: RLG) advises that Mr Michael Larkin and Mr Brian Bailison have today withdrawn their consent to act as directors of RCL Group Limited

RLG has today announced that the RCL Group Limited general meeting, which was adjourned until 14 March 2012, will not be held. This is because there is no funding available to hold the general meeting and RLG cannot therefore secure legal or registry services or a venue for the general meeting

Receivers and managers are appointed - a move that never augurs well for shareholders

RCL Group (ASX ticker: RLG) received Notices of Demand from Torchlight Real Estate Fund Limited (Torchlight) on 22 February 2012. In relation to the primary corporate facility and the Mernda project facility, RCL Group is required to repay amounts due under the Facility Agreement, together with outstanding interest by 5 pm, 22 February 2012. RCL Group was not in a position to repay these amounts by 5 pm yesterday and is considering its options. The Market will be informed of the outcome of those deliberations when RCL Group is in a position to so do

The Takeover Panel has declined to conduct proceedings on an application dated 10 February 2012 from Payce Industries Pty Ltd in relation to the affairs of RCL Group Limited. The application concerned certain clauses in financing facilities that gave rise to a 'review event' (or 'event of default') upon changes to RCL's board of directors (or key persons), which the applicant submitted entrenched the incumbent directors and certain management and acted as a 'poison pill' (see TP12/03). The Panel was satisfied that the exercise of the lender's contractual rights as a consequence of changes to RCL's board of directors or key persons, was not, without more, a control transaction in the relevant (Chapter 6) sense.

a majority of shareholders voted to adjourn the general meeting until 14 March 2012 at 4pm to be held at Level 36, 225 George Street Sydney Australia

RCL Group (ASX ticker: RLG) has received Notices of Review Event from Torchlight Real Estate Fund Limited ("Torchlight"), in relation to four of its project debt facilities (Pacific Dunes, Forster, Taree, and Mirador Heights). The Review Events relate to breaches of loan to valuation ratio"

The Takeover Panel has received an application from Payce Industries Pty Ltd in relation to the affairs of RCL Group Limited

The securities of RCL Group (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement in relation to its corporate and project debt facility

name changed from Babcock & Brown Residential Land Partners Group