Latest Market Liquidity News

TPG Telecom launches an innovative handset receivables financing structure expected to free up $600 million in cash flow for FY25 and plans a $3 billion capital reduction with a reinvestment plan for minority shareholders.

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.

TMK Energy Limited plans a significant share consolidation to address low liquidity and price volatility, seeking shareholder approval alongside a capital raise. The move aims to streamline the capital structure and attract institutional interest.

Gold Road Resources Limited will be removed from the S&P/ASX 200 index following its acquisition by Gold Fields Limited, with Catapult Sports Limited stepping in as its replacement.

GR Engineering Services Limited has updated its dividend details for the first half of FY2025, declaring a fully franked dividend of 12 cents per share and setting the Dividend Reinvestment Plan price at AUD 3.897 with a 2.5% discount.

333D Limited has had its trading suspension lifted following a capital raise announcement and response to an ASX price query, signaling renewed market activity.

Brickworks Limited will be removed from the S&P/ASX 200 index on 16 September 2025 following its acquisition of Washington H. Soul Pattinson. Catalyst Metals Limited will replace it, marking a notable shift in the index composition.

News Corporation’s Murdoch Family Trust is selling 14.2 million Class B shares in a significant secondary offering, marking a pivotal step in a broader ownership restructuring that reshapes voting control and family interests.

The Alternative Investment Trust (AIQ) has extended its on-market buy-back of up to 10% of issued units, signaling continued capital management efforts amid steady market conditions.

Perpetual Resources has launched a prospectus to enable trading of new options issued alongside a recent $1.6 million placement, aiming to unlock liquidity while outlining key risks for investors.

Regal Asian Investments has commenced on-market share purchases to satisfy its Dividend Reinvestment Plan, pricing shares at or below its recent net tangible asset value of $2.54. This move signals a strategic approach to capital management amid evolving portfolio stewardship.

TPG Telecom reports solid half-year growth driven by 100,000 new mobile subscribers and strong cash flow, while unveiling a $3 billion capital return plan.