Latest Corporate Control News

Locate Technologies Limited will be suspended from ASX trading following court approval of a scheme making Locate NZ the new parent company.

The Takeovers Panel has directed Emu NL and its former directors to cover a combined $41,712 in costs incurred by Wayburn Holdings during takeover proceedings, underscoring ongoing regulatory scrutiny.

Shriro Holdings Limited has announced a $5 million off-market share buy-back at $0.81 per share, representing nearly 8% of its issued capital and approved by shareholders. The move returns excess capital following a strategic shift and may reshape the company’s growth trajectory.

AUB Group Limited has disclosed a conditional, non-binding proposal from an EQT affiliate to acquire the company at $45 per share, following unusual trading activity and media reports.

Clara Resources Australia Limited has announced a fully underwritten entitlement offer to raise approximately $1.27 million, aimed at funding drilling and development activities at its Ashford Coking Coal project. The offer follows a recent placement and includes a shortfall facility for eligible shareholders.

The Takeovers Panel has declined to intervene in PointsBet’s issuance of over 10 million new shares during a fierce takeover contest, affirming the board’s discretion amid competing bids from betr and MIXI Australia.

Emu NL has lodged a formal review application against the Takeovers Panel's recent variation of orders, signaling continued regulatory tension in its takeover proceedings.

The Takeovers Panel has decided not to declare unacceptable circumstances following Keybridge Capital's challenge to Yowie Group's off-market takeover bid, which has now been withdrawn.

New World Resources has locked in a US$6.5 million unsecured loan from Kinterra to advance its Antler Copper Project and support a pending takeover bid. The funding aims to cover critical permitting, land acquisition, and transaction costs.

The Takeovers Panel has issued interim orders requiring Bryah Resources to retain and provide detailed voting records from its upcoming general meeting, signaling heightened regulatory scrutiny amid shareholder tensions.

Kinterra Capital has withdrawn its review application to the Takeovers Panel after increasing its offer for New World Resources, prompting the board to recommend acceptance and Central Asia Metals to exit the race.

Hutchison Telecommunications (Australia) Limited has been suspended from ASX trading following compulsory acquisition notices issued by its Amsterdam-based parent company.