Australia's Corporations and Securities Panel has given objections to the takeover of Australian Liquor Group by Liqourland, a subsidiary of Coley-Myer, a formal two-week extension. It said it would seek and consider further submissions over the next 14 days. Liquorland claims that disclosures about the A$54.2m (US$27.5m) takeover were inadequate and the target company was losing money.