Latest It Services News

Intelligent Monitoring Group has agreed to acquire Tyco NZ and Red Wolf for NZD 45 million, significantly boosting its New Zealand presence and FY26 earnings outlook.

Swift TV Ltd has landed a significant purchase order from Chevron for 2,000 connected TV devices, marking a key milestone in its enterprise technology rollout tailored for the Oil and Gas sector.

Rent.com.au has achieved a significant milestone with RentBond® annuity revenue exceeding $100,000 in a single month, driven by over $1 million in new loans and strategic capital moves that improve profitability.

Lindian Resources has awarded all major non-process infrastructure contracts for its Kangankunde Rare Earths Project in Malawi, marking a pivotal step toward first production in late 2026. Construction is underway with strong schedule confidence and capital discipline.

Progress 2020-1 Trust has completed the redemption of its A$920 million Class A Floating Rate Notes, leading to their suspension and removal from the ASX Official List.

Assetora Limited has received a statutory demand for nearly $1 million from Specialised Investment and Lending Corporation, which it is vigorously disputing and legally challenging.

CVC Limited has issued $75 million in redeemable, unsecured notes set to trade on the ASX from December 11, offering investors an attractive 8.2% interest rate starting March 2026.

Frontier Digital Ventures is narrowing its focus to core classifieds, cutting loss-making units and revising FY25 earnings guidance to reflect a significant net loss. The company also reveals a potentially dilutive employee share plan in its Latin America subsidiary.

Finder Energy is rapidly advancing its KTJ oil development project with the strategic acquisition of the Petrojarl I FPSO and key partnerships, targeting a Final Investment Decision by mid-2026.

Anagenics Limited has announced a two-tranche placement to raise A$2.25 million, aiming to expand its health and wellness brands while retiring debt and supporting working capital.

Stakk Limited reveals a striking 566% year-to-date growth in annual recurring revenue, driven by its pivot to a B2B embedded finance platform and strategic US market expansion. The company also secured a $15 million institutional placement, underpinning its ambitious growth plans.

SSH Group has commenced a focused drilling campaign at the Wagtail Gold Deposit to upgrade its high-grade resource and advance development plans under a profit-share agreement.