Latest Board Governance News

Group One Capital Limited reports initial $600,000 fee income from its subsidiary FSU Capital, with a $16 million fee pipeline and refreshed board governance signaling strategic momentum.

Vonex Limited has finalized its Scheme of Arrangement, transferring all shares to Maxo Telecommunications and initiating a board overhaul ahead of its imminent ASX delisting.

Traka Resources Limited has officially rebranded as Liberty Metals Limited, with trading under the new ASX code LIB starting 14 October 2025. The company also plans a significant 20 – 1 share consolidation, pending shareholder approval at its upcoming AGM.

Andromeda Metals has responded to ASX queries regarding its commissioned East Coast Research report, clarifying compliance with disclosure rules and differences in project assumptions.

Senetas Corporation has reported a transformative FY2025 with a $27.8 million net profit driven by the divestment of its Votiro business, while its core network encryption operations remain profitable and cash generative.

Bapcor Limited reported a decline in FY25 pro-forma net profit after tax by 8.4%, alongside a successful $170 million debt refinancing extending maturities to 2029-2031. The company declared a fully franked final dividend and announced significant board and executive changes.

Income Asset Management announces key board retirements and appointments set for November 2025, aiming to strengthen governance and accelerate growth.

AdNeo Limited has completed its acquisition of Learnt Global Group, secured $5.65 million through a placement, and significantly reduced its debt, marking a pivotal step in its growth strategy.

RBR Group Limited is strategically positioning itself to capitalise on the restart of major LNG projects in Mozambique, advancing joint ventures and raising capital to meet anticipated demand.

Bapcor reports a softer FY25 with pro-forma NPAT of $81-82 million and statutory NPAT sharply lower at $31-34 million, citing operational disruptions and a challenging retail environment. The company also announces key board resignations amid a strategic reset.

Universal Biosensors has signed a non-binding term sheet for an A$8.5 million senior secured loan with Viburnum Funds, alongside plans for an equity raising. The move comes with governance shifts, including a director resignation to avoid conflicts.

Southern Cross Media Group has finalized the sale of its remaining television assets, fully committing to its 'All About Audio' strategy with a 5% rise in audio revenues for FY25 and a renewed focus on debt reduction and dividends.