Latest Industrial News

Engenco Limited is set for trading suspension and delisting from the ASX after Elph Investments secures a 95.57% stake and moves to compulsorily acquire remaining shares.

Elph Investments has secured a 92.68% stake in Engenco, making its 31-cent takeover offer unconditional and prompting the board to urge shareholders to accept before the June 27 deadline.

IPD Group Limited forecasts a modest decline in earnings for FY25, even as revenue grows across key segments and cash flow remains robust.

Janus Electric Holdings Limited will have its trading suspension lifted and resume quotation on the ASX from 21 May 2025 after meeting key listing requirements.

Pact Group Holdings has received conditional approval from the ASX for its voluntary delisting, pending shareholder endorsement at an upcoming extraordinary general meeting scheduled for 12 June 2025.

Saferoads Holdings has finalised the sale of its Road Safety Rentals assets, repaid all related debts, and announced a fully franked 10 cent special dividend for shareholders.

Dexus Industria REIT has reported a robust half-year performance for FY25, driven by high occupancy, significant leasing activity, and successful completion of a key development at ASCEND at Jandakot.

Korvest Ltd has announced a fully franked ordinary dividend of AUD 0.25 per share for the six months ending December 2024, signaling steady shareholder returns.

PWR Holdings' North American arm, C&R Racing Inc., has landed a $8.9 million AUD order to supply advanced cooling systems for a US government aerospace project, marking a pivotal milestone in its defence sector expansion.