Latest It Services Sector News

Fiducian Group’s subsidiary Fiducian Investment Management Services Limited has filed a defence after ASIC initiated civil proceedings alleging misleading disclosure and compliance failures related to a managed fund.

Assetora Limited has raised $1.535 million through three placements, including a second investment from Creative Capital Management, to advance its alternative-asset platform.

Boom Logistics has appointed Lester Fernandez as its permanent Managing Director and CEO, entrusting him to lead the company through its next phase of growth with a strong focus on safety and operational excellence.

Assetora Limited has resolved a recent receivership by fully settling its outstanding debt, bringing external administration to a close within a day.

Axiom Properties, soon to be Axtec Limited, has forged a strategic partnership with Ray White Avi Khan Group to deploy cutting-edge embedded payments and automation solutions across 3,000 properties, aiming to transform real estate transactions and boost recurring revenue.

Assetora Limited has received a statutory demand for nearly $1 million from Specialised Investment and Lending Corporation, which it is vigorously disputing and legally challenging.

ALS Limited has announced a partially franked interim dividend of 19.4 cents per share, payable mid-December, alongside a dividend reinvestment plan priced at $21.97 per share with no discount.

Identitii Limited has announced a pro rata non-renounceable rights issue to raise approximately $2.88 million, partially underwritten by Beauvais Capital Pty Ltd. The funds will support the development and commercialisation of its BNDRY platform amid ongoing patent litigation risks.

Phoslock Environmental Technologies is set to resume production at its Changxing factory after a four-year halt, signaling renewed confidence in market demand and operational stability.

Austin Engineering Limited has announced an on-market buy-back of its ordinary shares, set to run from December 2025 through October 2026, signaling a strategic move in capital management.

Healius Limited has landed a significant five-year contract to provide pathology services to the Australian Defence Force, leveraging its national network and digital health solutions.

AUB Group has ended acquisition talks with EQT and CVC after the consortium declined to proceed with a $45 per share offer. The company reaffirms its FY26 earnings guidance and signals confidence in its organic growth strategy.