Latest Asic News

Perpetual Limited recorded solid growth across its divisions in Q4 FY26, with Corporate Trust and Asset Management buoyed by market gains despite net outflows. The company is advancing the sale of its Wealth Management arm to Bain Capital, targeting completion in late 2026.

Electro Optic Systems (ASX:EOS) posted a 284% surge in first-half 2026 revenue to $169 million, driven by robust defence contracts and regional tensions. Its order book hit a historic $846 million, prompting an upgrade to full-year guidance and signalling strong momentum in counter-drone and laser weapon systems.

ClearView Wealth’s board has approved a fully franked $0.05 special dividend, contingent on the successful completion of Zurich’s $415 million acquisition scheme. The dividend reduces the takeover price but, with franking credits, could enhance total shareholder value.

A Zenith Minerals shareholder has lodged an application with the Takeovers Panel, alleging Forrestania Resources failed to disclose material information around a major capital raise and acquisition, potentially misleading shareholders during its recommended takeover bid.

Frasers Group has extended the deadline for its on-market takeover bid for Accent Group shares to 30 September 2026, maintaining all other offer terms unchanged.

Yowie Group’s latest quarters reveal falling revenues and shrinking cash reserves, even as new leadership and product launches aim to stabilise the confectionery maker’s turnaround.

The Takeovers Panel has received an application alleging undisclosed associations and possible breaches of takeover laws following a massive off-market transfer of Adslot shares valued at $723,870.

VanEck Investments Limited has issued a comprehensive Replacement Product Disclosure Statement for its suite of 27 ETFs on the ASX, updating investment strategies, fee structures, risk factors, and operational details.

Loyal Metals has sent its Scheme Booklet to shareholders detailing the proposed A$0.45 per share acquisition by PT Bumi Resources, setting the stage for a shareholder vote on 20 August 2026.

Matrix Composites & Engineering’s acquisition by Advanced Innergy Solutions is now legally effective, triggering share suspension and an imminent delisting from the ASX.

Loyal Metals has cleared a key regulatory hurdle with ASIC registering the Scheme Booklet for its proposed A$0.45 per share acquisition by PT Bumi Resources. The Independent Expert endorses the deal as fair and reasonable, while Loyal’s board unanimously backs the scheme, setting the stage for a shareholder vote.

The Federal Court has approved Advanced Innergy Solutions’ takeover of Matrix Composites, triggering the final steps toward Matrix’s ASX delisting by late July 2026.