Latest It Services News

Klevo Rewards’ subsidiary Fly Wallet has engaged top-tier law firm Hamilton Locke to establish the legal framework for its upcoming KLV stablecoin, aiming to ensure regulatory compliance in Australia’s evolving digital asset landscape.

APA Group has finalised the sale of its 20% stake in the Allgas Network, receiving $62 million as part of Stonepeak's full acquisition of GDI. This move aligns with APA's strategy to streamline operations and focus on growth.

Monadelphous Group Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of 49 cents per share and setting the Dividend Reinvestment Plan price at $27.36. The payment is scheduled for late March, offering shareholders a no-discount DRP option.

Global Health Ltd reports stable revenue and a significant EBITDA improvement in H1 FY26, driven by a strategic shift to SaaS platforms and AI integration. The company’s partnership with Best Practice and upcoming Lifecard launch position it for growth in Australia’s digital healthcare sector.

Emu NL has announced a pro-rata non-renounceable rights issue aiming to raise approximately $3.67 million, offering new shares with free attaching options to eligible shareholders. The capital raise will primarily fund exploration activities at its Queensland projects and strengthen working capital.

Synertec Corporation Limited has reported a robust first half of FY26, with a 20% increase in group revenue and a significant $135 million engineering tender pipeline, underscoring its growing footprint in energy technology and engineering services.

Integral Diagnostics has confirmed Jason Martinez will take over as Managing Director and CEO in August 2026, with Dr Ian Kadish remaining in charge until then to ensure a smooth transition.

Challenger Limited’s attempt to acquire Pepper Money has been declined by Pepper’s board, while Challenger moves forward with a $150 million share buy-back program.

Tuas Limited has reported a robust first half for FY26, with significant revenue and profit growth driven by expanding mobile and broadband subscribers, alongside progress on its strategic M1 acquisition.

Vection Technologies has renewed a $1.64 million annual recurring revenue contract with a classified defence client, leveraging Dell Technologies AI appliances to enhance mission-critical intelligence capabilities.

Steadfast Group Limited has confirmed a fully franked ordinary dividend of 8.2 cents per share for the six months ending December 2025, alongside an updated Dividend Reinvestment Plan price.

Arena REIT has declared a quarterly distribution of 4.8125 cents per security, aligning with its FY26 guidance, while activating a discounted Dividend Reinvestment Plan to encourage investor participation.