Latest It Services News

Vanguard Investments Australia has announced the estimated distribution and tax components for its Vanguard FTSE Asia ex Japan Shares Index ETF for the quarter ending September 2025, highlighting key details for investors on cash payouts and tax implications.

Rewardle Holdings will be removed from the ASX Official List on 3 October 2025 due to non-compliance with key listing rules, but plans to continue operations as an unlisted company while exploring a move to the NSX.

Vanguard Investments Australia has announced the Distribution Reinvestment Plan (DRP) issue prices for its suite of ETFs for the quarter ending 30 September 2025, outlining key dates and eligibility for investors.

Savana Asset Management highlights how its US Small Caps Active ETF (SVNP) can boost portfolio diversification and risk-adjusted returns, while recent takeover bids underscore the fund’s value-driven approach.

Echo IQ reports a remarkable 153% increase in echocardiogram processing through its EchoSolv AS platform in the US, with a Mayo Clinic validation study nearing completion ahead of a critical FDA submission. The company is also advancing European market entry and strengthening its advisory team to accelerate global growth.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.

Australian Unity Limited has opened a $101 million non-renounceable entitlement offer alongside a $160 million placement, aiming to strengthen its balance sheet and support ongoing acquisitions. The company also announced the appointment of Kelly Bayer Rosmarin as its next CEO, signaling a new chapter in leadership.

Lithium Universe is evaluating a strategic site in Brownsville, Texas, to establish a photovoltaic solar panel recycling facility, complementing its Australian efforts. The move taps into Texas's booming solar market, supportive regulations, and robust industrial infrastructure.

Metallium’s U.S. subsidiary has signed a pivotal Memorandum of Understanding with Glencore, setting the stage for a major supply and offtake partnership in electronic scrap recycling. This collaboration underpins Metallium’s Texas facility launch and validates its proprietary technology in a competitive market.

Pengana Global Private Credit Trust (ASX – PCX) has announced an $82 million entitlement and shortfall offer, inviting existing unitholders to subscribe for new units at $2.00 each, aiming to expand its diversified global private credit portfolio.

Pengana Global Private Credit Trust (ASX – PCX) has announced an $82 million entitlement and shortfall offer at $2.00 per new unit, targeting a 7% annual cash distribution yield. The Trust offers diversified exposure to global private credit funds, primarily in the US and Europe, managed by Pengana Credit with Mercer Consulting as investment consultant.

Nationwide Building Society has confirmed it has largely complied with its post-offer intentions following its acquisition of Virgin Money UK PLC, with a previously disclosed exception.