Takeovers Panel to Consider Application by Humm Group's Former Chair

MT Newswires Live04-14

Humm Group (ASX:HUM) said that Australia's Takeovers Panel made interim orders staying the orders made by the initial Panel after receiving an application from Andrew Abercrombie, the firm's founder and former Chair, seeking a review of the Panel's decision to make orders in Humm Group, according to a Monday Australian bourse filing.

The application will be heard by the same review panel that is considering Abercrombie's application for a review of the initial Panel's decision to make a declaration of unacceptable circumstances in relation to an application by Akat Investments.

The orders made by the initial Panel will not take effect until the earliest of either further order of the review Panel, the determination of the proceedings, or two months passing from the date of the interim orders.

Its shares rose 1% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2627676467?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-14 08:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2627676467","market":"us","top_or_hot":-1,"title":"Takeovers Panel to Consider Application by Humm Group's Former Chair","media":"MT Newswires Live","content":"<html><body><p> Humm Group (ASX:HUM) said that Australia's Takeovers Panel made interim orders staying the orders made by the initial Panel after receiving an application from Andrew Abercrombie, the firm's founder and former Chair, seeking a review of the Panel's decision to make orders in Humm Group, according to a Monday Australian bourse filing.</p><p>The application will be heard by the same review panel that is considering Abercrombie's application for a review of the initial Panel's decision to make a declaration of unacceptable circumstances in relation to an application by Akat Investments.</p><p>The orders made by the initial Panel will not take effect until the earliest of either further order of the review Panel, the determination of the proceedings, or two months passing from the date of the interim orders.</p><p>Its shares rose 1% in recent trading on Tuesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Takeovers Panel to Consider Application by Humm Group's Former Chair</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTakeovers Panel to Consider Application by Humm Group's Former Chair\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-04-14 08:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Humm Group (ASX:HUM) said that Australia's Takeovers Panel made interim orders staying the orders made by the initial Panel after receiving an application from Andrew Abercrombie, the firm's founder and former Chair, seeking a review of the Panel's decision to make orders in Humm Group, according to a Monday Australian bourse filing.</p><p>The application will be heard by the same review panel that is considering Abercrombie's application for a review of the initial Panel's decision to make a declaration of unacceptable circumstances in relation to an application by Akat Investments.</p><p>The orders made by the initial Panel will not take effect until the earliest of either further order of the review Panel, the determination of the proceedings, or two months passing from the date of the interim orders.</p><p>Its shares rose 1% in recent trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7093","symbol_name":"消费信贷","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2627676467","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627676467","pubTimestamp":1776128121,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Humm Group  said that Australia's Takeovers Panel made interim orders staying the orders made by the initial Panel after receiving an application from Andrew Abercrombie, the firm's founder and former Chair, seeking a review of the Panel's decision to make orders in Humm Group, according to a Monday Australian bourse filing.The application will be heard by the same review panel that is considering Abercrombie's application for a review of the initial Panel's decision to make a declaration of unacceptable circumstances in relation to an application by Akat Investments.The orders made by the initial Panel will not take effect until the earliest of either further order of the review Panel, the determination of the proceedings, or two months passing from the date of the interim orders.Its shares rose 1% in recent trading on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7093":"消费信贷","BK7500":"支付概念","HUM.AU":"HUMM GROUP LTD"},"translate_title":"收购小组将考虑Humm集团前主席的申请","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HUM.AU":1},"content_text":"Humm Group (ASX:HUM) said that Australia's Takeovers Panel made interim orders staying the orders made by the initial Panel after receiving an application from Andrew Abercrombie, the firm's founder and former Chair, seeking a review of the Panel's decision to make orders in Humm Group, according to a Monday Australian bourse filing.The application will be heard by the same review panel that is considering Abercrombie's application for a review of the initial Panel's decision to make a declaration of unacceptable circumstances in relation to an application by Akat Investments.The orders made by the initial Panel will not take effect until the earliest of either further order of the review Panel, the determination of the proceedings, or two months passing from the date of the interim orders.Its shares rose 1% in recent trading on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2627676467","isCrawlerRequest":true}