Latest Delisting News

A significant shareholder has lodged an application with the Takeovers Panel challenging Pact Group Holdings’ proposed delisting from the ASX, alleging misleading reasons and coercion of minority investors.

Engenco Limited’s independent board committee recommends shareholders accept Elph Investments’ 30.5 cents per share takeover offer, despite an independent expert deeming the price ‘not fair but reasonable’. The offer, conditional on increasing Elph’s stake to over 92%, presents shareholders with a choice between immediate liquidity and longer-term exposure.

AVJennings Limited has announced a proposed $0.655 per share acquisition scheme by PM Nominees C Pty Ltd, an investment vehicle of Proprium Capital Partners and AVID, offering shareholders a near 100% premium over recent trading prices. The scheme, supported unanimously by the board and an independent expert, awaits shareholder and court approval.

An application to the Takeovers Panel challenges Pact Group Holdings’ planned ASX delisting, citing concerns over shareholder disadvantage and selective disclosure.

PointsBet Holdings Limited has announced a scheme meeting for shareholders to vote on its proposed $1.06 per share acquisition by MIXI Australia, with an independent expert deeming the offer fair and reasonable amid a competing bid from betr Entertainment.

SelfWealth Ltd has officially been acquired by Syfe’s holding company, with shareholders receiving $0.28 per share and the company set to delist from the ASX on May 8.

Macarthur Minerals is voluntarily delisting from the TSX Venture Exchange and OTC Market to focus on its Australian Stock Exchange listing, aiming to streamline operations and better serve its predominantly Australian investor base.

Pier 12 Capital Limited has requested suspension of its securities from the ASX, signaling an imminent delisting from the exchange. This move marks a significant shift for investors and the company’s future trading status.

Propell Holdings Limited has requested an immediate suspension of its securities from ASX trading as it prepares for removal from the official list. This move marks a significant shift for the company and its shareholders.

Pact Group Holdings has received conditional approval from the ASX for its voluntary delisting, pending shareholder endorsement at an upcoming extraordinary general meeting scheduled for 12 June 2025.

Northern Star Resources has completed its acquisition of De Grey Mining through a scheme of arrangement, issuing new shares to De Grey shareholders and initiating De Grey’s imminent ASX delisting.

Northern Star Resources has completed its acquisition of De Grey Mining, issuing new shares to De Grey shareholders and preparing to integrate the promising Hemi gold project into its portfolio.