NTU northern minerals limited

@SSkimhave a look here...it clearly state exactly what they have...

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    @SSkim

    have a look here...it clearly state exactly what they have to do:
    https://www.legislation.gov.au/F2024N00475/asmade/text

    Part2Disposal orders

    5Disposal order—Yuxiao Fund Pte Ltd

    (1)Under subsection 69(2) of the Act, Yuxiao Fund Pte Ltd, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 60 days from the day on which this section commences, to one or more persons who arenotassociates of Yuxiao Fund Pte Ltd:

    (a)interests in 80,000,000 ordinary shares in Northern Minerals, as acquired by Yuxiao Fund Pte Ltd on6September 2023.

    Note:For other orders made under the Act relating to Yuxiao Fund Pte Ltd, seeForeign Acquisitions and Takeovers (Prohibition of Proposed Action) Order (No. 1) 2023.

    (2)For the purposes of subsection (1), Yuxiao Fund Pte Ltd is the foreign person entered on the NTU shareholder register with that name and the following address:

    12 Jalan Sampurna
    Singapore 268280
    SINGAPORE

    6Disposal order—Black Stone Resources Limited

    (1)Under subsection 69(2) of the Act, Black Stone Resources Limited, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 60 days from the day on which this section commences, to one or more persons who arenotassociates of Black Stone Resources Limited:

    (a)interests in 166,666,667 ordinary shares in Northern Minerals, as acquired by Black Stone Resources Limited on6September 2023.

    (2)For the purposes of subsection (1), Black Stone Resources Limited is the foreign person entered on the NTU shareholder register with that name and the following address:

    Vistra Corporate Services Centre
    Wickhams Cay II
    Road Town
    Tortola
    BRITISH VIRGIN ISLANDS

    7Disposal order—Indian Ocean International Shipping and Service Company Limited

    (1)Under subsection 69(2) of the Act, Indian Ocean International Shipping and Service Company Limited, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 60 days from the day on which this section commences, to one or more persons who arenotassociates of Indian Ocean International Shipping and Service Company Limited:

    (a)interests in 165,035,368 ordinary shares in Northern Minerals, as acquired by Indian Ocean International Shipping and Service Company Limited through brokers, agents, custodians or other similar financial intermediaries, between 12 May 2022 and 14 March 2023.

    (2)For the purposes of subsection (1), Indian Ocean International Shipping and Service Company Limited is the corporation with that name (or a similar name using abbreviations or symbols) and incorporated and registered in the United Arab Emirates.

    8Disposal order—Ms Ximei Liu

    (1)Under subsection 69(2) of the Act, Ms Ximei Liu, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 60 days from the day on which this section commences, to one or more persons who arenotassociates of Ms Ximei Liu:

    (a)interests in 100,000,000 ordinary shares in Northern Minerals, as acquired by MsXimeiLiu on6September 2023.

    (2)For the purposes of subsection (1), Ms Ximei Liu is the foreign person entered on the NTU shareholder register with that name and the following address:

    Apartment 401 Building 1
    Hu Pan Yuan Tianqiao District
    Jinan Shandong
    CHINA

    9Disposal order—Mr Xi Wang

    (1)Under subsection 69(2) of the Act, Mr Xi Wang, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 60 days from the day on which this section commences, to one or more persons who arenotassociates of Mr Xi Wang:

    (a)interests in 100,000,000 ordinary shares in Northern Minerals, as acquired by MrXi Wang on6September 2023; and

    (b)interests in 139,435 ordinary shares in Northern Minerals, as acquired by MrXi Wang on17October 2023; and

    (c)interests in 810,097 ordinary shares in Northern Minerals, as acquired by MrXi Wang on18October 2023; and

    (d)interests in 450,000 ordinary shares in Northern Minerals, as acquired by MrXi Wang on23October 2023; and

    (e)interests in 472,065 ordinary shares in Northern Minerals, as acquired by MrXi Wang on25October 2023.

    Note:The cumulative total of interests in ordinary shares in Northern Minerals, as acquired by Mr Xi Wang, that are the subject of this direction is 101,871,597 ordinary shares.

    (2)For the purposes of subsection (1), Mr Xi Wang is the foreign person entered on the NTU shareholder register with that name and the following address:

    912 Sims Avenue #08-55
    Singapore 408972
    SINGAPORE

 
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