Latest Financial Services News

The Takeovers Panel has declined to find unacceptable circumstances in Emu NL’s recent placement before its AGM, ruling no control effect was evident. This decision underscores regulatory caution around capital raises near board votes.

Following a critical ASIC Inquiry Interim Report, ASX has pledged a strategic reset including a $150 million capital charge and enhanced board independence to restore market confidence.

Rent.com.au has locked in up to $5.5 million in growth capital by underwriting the exercise of its remaining listed options, positioning the company for accelerated profitability and expansion of its RentBond® loan book.

Assetora Limited has raised $1.535 million through three placements, including a second investment from Creative Capital Management, to advance its alternative-asset platform.

Assetora Limited has updated its previous placement announcements, confirming that the issuance of shares to Cardio Link and Creative Capital Management will now require shareholder approval at an upcoming EGM likely scheduled for late January 2026.

Suzerain Investment Holdings has declared its takeover offer for Entertainment Rewards Limited unconditional, now holding a 90.88% stake and urging remaining shareholders to accept before the December 31 deadline.

Klevo Rewards Limited will lift its trading suspension on 12 December 2025 following a $3.4 million capital raising, issuing nearly 378 million new shares at $0.009 each.

Assetora Limited has resolved a recent receivership by fully settling its outstanding debt, bringing external administration to a close within a day.

Fidante Partners Limited has issued a replacement Product Disclosure Statement for the Ardea Real Outcome Bond Complex ETF, reducing transaction costs while maintaining its core investment strategy and fee structure.

Fidante Partners has issued a replacement Product Disclosure Statement for the Alphinity Global Sustainable Equity Fund - Active ETF, refining ESG disclosures and noting a rise in transaction costs. The Fund’s core investment approach and fees remain steady.

Steadfast Group reveals robust acquisition activity and strategic cost optimizations in its latest investor update, signaling strong momentum across its Australasian and international operations.

ARC Funds Limited has completed a $737,750 equity placement, issuing new shares with free attaching unlisted call options to investors and its Managing Director. The funds will support working capital and debt reduction as the company advances its growth strategy.