Latest Corporate Regulation News

The Takeovers Panel has extended restrictions preventing Tenstar, Samuel Holdings, Benn Whistler and their associates from dealing in DGR Global shares without prior consent. The orders preserve the existing position while the Panel considers its final response to declared unacceptable circumstances.

The Federal Court has given the Takeovers Panel until 30 September 2026 to decide whether to declare unacceptable circumstances in relation to DGR Global. The extension keeps the proceedings alive, but does not indicate how the Panel will rule.

Smart Parking delivered $126.3 million in FY26 revenue and $11.7 million profit from continuing operations, while completing acquisitions of NE Parking and ParkInnovation. Its clean audit opinion removes one immediate accounting concern, but revenue estimates and goodwill remain areas requiring investor attention.

The Takeovers Panel has renewed interim orders that halt Forrestania Resources from advancing its takeover bid for Zenith Minerals without approval, including an extension of the bid deadline to 14 September 2026.

Forrestania Resources has extended its off-market takeover offer for Zenith Minerals shares to 31 August 2026, while ASIC has approved a faster payment window that removes withdrawal rights for shareholders.

Pure One Corporation Limited is set to exit its 40% stake in Turquoise Group for AUD 5 million, securing a substantial profit and refocusing on its core clean energy ventures.

Race Oncology Limited reported a significantly reduced loss for FY2025, driven by key clinical trial progress and strategic leadership changes. The company advances its RC220 program with promising Phase 1 dosing milestones and strengthens its governance to support future growth.