Latest It Services News

Tower Limited has raised its full-year profit guidance significantly, driven by lower-than-expected large event costs, even as it moderates its premium growth outlook.

Centrex Limited and its subsidiary Agriflex have completed their deed of company arrangement, ending external administration and transferring ownership to PRL Global Limited.

Ventia Services Group has won two major Defence Base Services Transformation contracts worth $2.7 billion, reinforcing its long-term role in supporting Australian Defence infrastructure.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Service Stream Limited has landed a major long-term contract with the Australian Department of Defence to manage property and asset services across South Australia and the Northern Territory, marking a significant expansion into defence infrastructure support.

Syrah Technologies has secured a US$11.7 million cash payment from the US government under the Inflation Reduction Act, marking a significant financial boost for its Vidalia Active Anode Material facility.

Scout Security has completed the first tranche of a $600,000 capital raise amid its ASX trading suspension, aiming to settle debts and progress towards relisting.

InFocus Group Holdings has locked in up to AUD 1.7 million in potential revenues through new contracts in healthcare and logistics, underpinning its operational expansion in Southeast Asia.

DigitalX Limited reports a robust treasury valued at nearly A$98.5 million, with Bitcoin exposure rising to 502.3 BTC despite recent price swings. The company continues to leverage staking yields from Solana assets as part of its diversified digital asset strategy.

360 Capital Mortgage REIT has announced a 1-for-1 non-renounceable entitlement offer priced at net asset value to raise approximately $45.2 million, aiming to fund new loan investments and diversify its portfolio.

Carbonxt Group Limited’s CG1O security class has been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

RemSense Technologies has landed its inaugural contract with Shell Energy to deploy its virtualplant platform for offshore facility commissioning, marking a pivotal step in its global expansion.