Latest Asset Management News

333D Limited has secured $1 million through a share placement to fund significant upgrades to its digital asset management platform, opting to preserve its Bitcoin holdings despite unbudgeted development costs.

Peak Rare Earths Limited held a pivotal scheme meeting on 16 September 2025 to approve Shenghe Resources’ $195 million acquisition offer, which includes a 23% premium on the original proposal. Despite a higher unsolicited bid, the board recommends shareholders back Shenghe’s cash deal.

Peak Rare Earths has dismissed a $240 million acquisition proposal from General Innovation Capital Partners, reaffirming its commitment to Shenghe Resources’ $195 million scheme. The board cites concerns over GICP’s incomplete offer and regulatory uncertainties.

InteliCare Holdings has raised $2 million through a two-tranche placement to accelerate its AI-driven aged care platform and terminated a convertible note facility to streamline its capital base.

Magellan Asset Management has announced a special distribution of 11.00 cents per unit for its Magellan Global Opportunities Fund – Active ETF, offering investors a timely income boost alongside a reinvestment option.

Ventia Services Group has extended its facility management contract with the City of Sydney, locking in $100 million over two years and continuing a partnership that began in 2018.

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.

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.

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.

Verbrec Limited has agreed to sell its Competency Training business to RelyOn Australia for $11.5 million in cash, aiming to sharpen its focus on core engineering services and accelerate growth in energy transition and automation.

Pengana International Equities Limited has announced an on-market buy-back of up to 25.7 million ordinary shares, signaling a strategic capital management move without requiring shareholder approval.

Elixinol Wellness has raised $2.5 million through a well-supported placement and appointed industry veteran Gavin Evans as strategic advisor to drive its next phase of growth and operational reset.