Latest Equities News

Perpetual Limited has agreed to sell its Wealth Management business to Bain Capital for an upfront $500 million, marking a strategic shift towards asset management and corporate trustee services.

WAM Active Limited has updated its Dividend Reinvestment Plan rules, allowing residual dividend balances to be carried forward and aligning the plan with current market practices. These changes aim to enhance shareholder participation and capital management.

Clime Investment Management has entered a strategic partnership to combine its advice business with a leading Australian financial advice group, retaining a significant equity stake and vendor financing role.

Diversified United Investment Limited (DUI) has registered its Scheme Booklet with ASIC, proposing a merger with Australian United Investment Company Limited (AUI). The Independent Expert concludes the merger is in the best interests of DUI shareholders, with directors unanimously recommending a vote in favour.

iCandy Interactive is exploring a US listing for its subsidiary Lemon Sky Studios to unlock shareholder value, while facing a likely ASX delisting due to audit delays. The company also plans a capital raise to support these initiatives.

Humm Group has appointed CEO Angelo Demasi as Managing Director, reinforcing governance and leadership alignment amid ongoing transformation efforts.

Findi Limited has extended the closing date of its offer to 19 March 2026 and updated details following a $25 million institutional placement. The company’s share capital structure and financial position have been revised, with key changes including director participation and lead manager incentives.

Caspin Resources has raised $6 million through an oversubscribed equity placement to fast-track exploration at its Bygoo Tin Project, focusing on expanding resources at the Kelpie Deposit and regional targets.

Pacific Lime and Cement Limited has formalised a landmark agreement with the Papua New Guinea government to develop the country’s first integrated lime and cement manufacturing platform, marking a major step in PNG’s industrial growth.

Evolution Mining has confirmed a fully franked dividend of AUD 0.20 per share for the half-year ending December 2025, alongside a Dividend Reinvestment Plan price set at AUD 14.4695 with no discount.

Tivan Limited has secured an early release of $3 million from its $7.4 million IPCM grant to advance the Speewah Fluorite Project’s feasibility study, aligning funding with project timelines and reinforcing financial backing ahead of a final investment decision.

Shriro Holdings Limited has announced a $15 million off-market share buy-back at $0.81 per share, representing nearly 26% of its issued capital. The move aims to return excess capital to shareholders while supporting the company’s capital-light growth model.