Aug 29 (Reuters) - McAleese Ltd MCS.AX :
* Appointment of voluntary administrators
* Voluntary administrators appointed to oversee affairs of company and of those companies listed in the attached schedule
* Joseph David Hayes, Jason Preston, William James Harris and Keith Alexander Crawford of McGrath Nicol appointed administrators
* Mcaleese's uncompromised senior debt and all accrued interest was immediately due and payable
* McAleese is now in voluntary administration and shareholders are highly unlikely to receive any value for their existing shares
* TTPH condition was not satisfied and failure to meet that condition was not waived by sc lowy consortium
* Understands that SC Lowy consortium and Rowsthorn interests will continue to seek to implement an alternative transaction
* SC Lowy Consortium declined to enter into any new forbearance arrangement
Source text for Eikon ID:nASX6ch8Jk
Further company coverage: MCS.AX
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