Latest Board Composition News

Eildon Capital’s Independent Board Committee plans to recommend acceptance of Samuel Terry Asset Management’s increased takeover offer, valuing the company at a 24.1% premium. The move signals a likely shift in ownership and potential ASX delisting.

Eagers Automotive Limited is set to acquire a controlling 65% interest in CanadaOne Auto Group in a transaction valued at C$2.145 billion, with closing anticipated in early 2026.

Platinum Capital Limited’s extraordinary general meeting on 1 October 2025 saw shareholders appoint three L1 Capital nominees to the board while rejecting Wilson Asset Management’s candidates, setting the stage for a potential change in investment management.

EMU NL’s securities have been suspended from ASX trading due to a failure to maintain the minimum number of directors required by law. The suspension highlights governance challenges and raises questions about the company’s path to compliance.

Invex Therapeutics reveals the collapse of confidential acquisition negotiations following shareholder unrest and potential board changes, clarifying recent unusual trading activity.

Invex Therapeutics has discontinued exclusive negotiations to acquire a rare neurological disease company due to board instability triggered by a shareholder requisition notice. Despite this setback, the company remains committed to diversifying its neurological treatment portfolio.

Webjet Group Limited has received a shareholder requisition backed by significant investors seeking to appoint new directors and remove recent board appointees, signaling potential shifts in company governance.

CAQ Holdings Limited reported a 29.6% revenue decline and a 43.9% increase in net loss for the half-year ended June 2025, driven largely by falling investment property values and ongoing liquidity challenges.

The Takeovers Panel has declined to declare unacceptable circumstances in Bryah Resources' shareholder dispute but has referred key issues to ASIC for further investigation.

Peninsula Energy has updated its prospectus to announce the appointment of Tejal Magan as a Non-executive Director, enhancing its governance ahead of ongoing equity offers.

A shareholder has lodged a formal application with the Takeovers Panel challenging Emu NL’s recent entitlement offer and associated loan facility, raising concerns over board control and transparency ahead of a critical EGM.

Stonehorse Energy has announced the immediate resignation of executive David Deloub following the termination of his services agreement, with the Executive Chairman stepping in to manage operations.