Latest It Services Sector News

Macquarie Asset Management has extended the exclusivity period for its proposed transaction with Qube Holdings, signalling ongoing progress yet leaving the final outcome uncertain.

Turners Automotive Group has issued over 180,000 new shares through its Dividend Reinvestment Plan and option exercises, subtly reshaping its capital structure as FY26 progresses.

Bank of Queensland has appointed Rod Finch as its new CEO, marking a leadership transition aimed at continuing its strategic transformation and operational improvements.

dorsaVi has launched a multi-year collaboration with leading Asian research institutes to develop its proprietary RRAM technology at the 22-nanometer node, targeting AI-driven robotics and wearable applications.

Mitchell Services Limited has reported a remarkable first half of FY26, posting a 71% increase in quarterly EBITDA and achieving a net cash position of $7.2 million. The company’s strong operating cashflows and improved market conditions underpin its optimistic outlook.

A shareholder dispute over Humm Group's handling of competing acquisition bids has escalated to the Takeovers Panel, spotlighting governance and transparency concerns ahead of a pivotal shareholder meeting.

WestStar Industrial’s subsidiary SIMPEC has landed a $20 million contract to build a new Filtration Plant at Glencore’s McArthur River Mine, marking a significant step in its national expansion.

Supply Network Limited has forecast a solid half-year profit of $22.9 million alongside a fully franked interim dividend of 36 cents per share, signalling steady performance in its supply chain operations.

Euroz Hartleys reports a striking 121% jump in net profit for H1 FY2026, driven by booming equity capital markets activity and rising advisory fees. The company also lifts its interim dividend, signalling confidence amid cyclical market conditions.

Codeifai Limited has responded to an ASX price query denying any undisclosed information behind recent unusual trading activity, while highlighting its nearing completion of the Antenna Transfer acquisition.

Excite Technology Services has reported a record-breaking quarter with $9.2 million in customer receipts, marking a 125% increase year-over-year, alongside positive operating cash flow and strategic contract wins.

Mitchell Asset Management challenges Identitii Limited’s recent rights issue, alleging it could unfairly boost Beauvais Capital’s stake close to 50%, sparking a potential showdown at the Takeovers Panel.