Latest It Distribution News

LDR Assets, controlled by the Lederer Family Office, has made a $0.70 per security cash offer for Elanor Commercial Property Fund, representing a premium to recent trading prices and net tangible asset backing. The bid highlights concerns over ECF's financial performance and Elanor Investors Group's solvency risks, with plans to overhaul management post-acquisition.

LDR Assets Pty Ltd, controlled by the Lederer Family Office, has made an off-market takeover bid for all stapled securities of the Elanor Commercial Property Fund (ECF) at $0.70 cash per security, offering a premium over recent trading prices and net tangible asset backing. The bid follows concerns about ECF’s declining financial performance and signals potential management changes and delisting.

Regal Partners Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the six months ending June 2025, alongside confirmation of its dividend reinvestment plan price at AUD 2.70.

Alligator Energy has applied for ASX quotation of its Placement Options, set to trade under the ticker AGEOD, following shareholder approval at the recent EGM. The company has released detailed top holders and distribution data as part of the listing process.

BPH Global has completed an 18-week R&D collaboration with Singapore Polytechnic, developing two innovative green seaweed kefir beverages that combine health benefits with commercial promise.

Horizon Oil Limited reported robust FY25 financial and operational results at the RIU Good Oil & Gas Conference, highlighting sustained dividends and a clear growth strategy across its Asia-Pacific portfolio.

Haranga Resources’ maiden drilling at the Ibel South Gold Project in Senegal reveals broad, shallow, and high-grade gold mineralisation, confirming promising potential over a 700m strike length. The results set the stage for further exploration and resource definition.

QBE Insurance Group has updated its dividend announcement, confirming a 31-cent ordinary dividend for the first half of 2025 alongside detailed pricing for its Dividend Reinvestment and Bonus Share Plans.

US Masters Residential Property Fund reported robust first-half sales and significant debt reduction, while navigating a modest portfolio valuation dip primarily in New York.

Hastings Technology Metals has agreed to sell its Western Australian gold assets to Metal Bank Limited for A$2.3 million in shares, enabling a sharper focus on its flagship rare earths project. The deal includes key management moves and an in-specie share distribution to Hastings shareholders.

Briscoes Group has reported a resilient half-year performance for the period ending July 2025, maintaining near-record sales and solid profits despite ongoing economic challenges. Strategic investments in technology and infrastructure continue to position the company for future growth.

Briscoe Group Limited reported a near-flat half-year sales performance with a modest decline in net profit, while advancing key strategic investments including a new distribution centre. The company declared a 10-cent interim dividend amid cautious economic outlook.