CORPORATE DIRECTORY
Current Directors of BBX
Simon
Touma - Chairman and Non-Executive Director
• Qualifications:- Licensed Real Estate Agent
• Experience: Appointed Director and Chairman on 17 March 2006.
• The principal of Peter A. Simon Real Estate Pty Ltd, having been
with that Company for 30 years.
• Other Directorships: Current Directorships: Nil
• Former Directorships of Listed Entities in last 3 years: Nil
Michael
Touma - Non-Executive Director
• Qualifications: Certified Trade Broker
• Experience: Appointed a Director on 17 March 2006.
• Founder and Managing Director of the BBX Group of Companies since
1993.
• Other Directorships: Current Directorships of Listed Entities:
• Director, BBX Holdings Limited
• Former Directorships of Listed Entities in last 3 years: Nil
Barry
Dawes - Non-Executive Director
• Qualifications:- B. Sc. (Syd), FAusIMM (CP), MSDIA
• Experience: Appointed Director on 17 March 2006.
• Barry is the Managing Director of Martin Place Securities Pty Limited
• Other Directorships: Current Directorships of Listed Entities:
• Director, Proactive Energy Developments Limited
• Director, Superior Coal Limited
• Director, Uranium Exploration Limited
• Former Directorships of Listed Entities in last 3 years: Nil
Tim
Creasy - Non-Executive Director
• Qualifications: Chartered Accountant
• Experience: Appointed Director on 17 March 2006.
• Practised as an Accountant for 24 years, including as a partner
of Tregloans, Chartered Accountants, for 15 years. Tim is a Director and
the Chief Financial Officer of BBX Holdings Limited.
• Other Directorships:- Current Directorships of Listed Entities:
• Director, BBX Holdings Limited
• Former Directorships of Listed Entities in last 3 years: Nil
Peter
O'Mara - Non-Executive Director
• Qualifications: Diploma of Building.
• Experience: Appointed Director on 17 March 2006.
• Peter has over 30 years experience in building construction and
property development.
• Other Directorships:- Current Directorships of Listed Entities:
• Director, BBX Holdings Limited
• Former Directorships of Listed Entities in last 3 years: Nil
Governance
The Company’s Board of Directors are responsible for the direction of the Company and supervising the management services provided by BBX Funds Management Pty Limited.
The Board is currently reviewing all corporate governance principles and will in the upcoming months:
1. Adopt a Board Charter that clearly defines the Board’s duties, responsibilities and functions and ensures that:
(a) the Company is run in an efficient and ethical manner;
(b) principles of good corporate governance are adopted and implemented;
(c) integrity in financial reporting is safeguarded;
(d) the rights and interests of shareholders are respected.
2. Establish an Audit Committee.
3. Establish written policies and procedures to ensure compliance with the disclosure requirements of the NSX Listing Rules.
4. Establish written policies on risk management and oversight.
Top 20 Shareholders at 17/4/2007
Name |
Number Held |
% of |
| Martin Place Securities Nominees Pty Limited |
350,000 |
33.038 |
| Mr. Vincent Chan & Mrs. Helen Chan (V & H Chan Super Fund) |
80,000 |
7.552 |
| Mr. Gary Kurzer & Ms. Virginia Aghan (Big Feats Super Fund) |
40,000 |
3.776 |
| Cuthbert Superannuation Pty Limited (The Cuthbert Super Fund) |
32,725 |
3.089 |
| Fast Edge Holdings Pty Limited (Fast Edge Holdings Super Fund) |
25,000 |
2.360 |
| Moisture Cure Pty Limited |
20,000 |
1.888 |
| Mr. Dennis Rutzou & Mrs. Joan Rutzou (Cinque Super Fund) |
20,000 |
1.888 |
| Y’s Choice Financial Solutions Pty Limited (Klara Kaye Super Fund) |
20,000 |
1.888 |
| Keendex Wholesale Pty Limited (Keednex Wholesale Super Fund) |
20,000 |
1.888 |
South Sydney District Rugby League Football Club Limited |
20,000 |
1.888 |
| Mr. Michael Robert Timoney (Timoney Super Fund) |
17,500 |
1.652 |
Ms. Sharon Silver Davson |
16,000 |
1.510 |
Mr. Peter Grant |
15,000 |
1.416 |
Chain Holdings Pty Limited (The Telkamp Super Fund) |
10,000 |
0.944 |
| Mr. Sean Wand & Mrs. Robyn Wand |
10,000 |
0.944 |
| Mr. Jan Zygmunt Sokolski |
10,000 |
0.944 |
| Regal Apartments Pty Limited (P & E Rankin Super Fund) |
10,000 |
0.944 |
| Arcadia Acceptance Co Pty Limited |
10,000 |
0.944 |
| Lime Australia Pty Limited |
10,000 |
0.944 |
Mr. Sean Wand & Mrs. Robyn Wand (S & R
Wand Super Fund) |
10,000 |
0.944 |
| Total |
746,225 |
70.440 |