Latest Ownership Structure News

Ainsworth Game Technology has terminated its proposed scheme of arrangement with Novomatic due to insufficient shareholder support, yet the board still recommends accepting Novomatic’s unconditional $1 per share takeover bid.

Vonex Limited shareholders are set to vote on a court-approved scheme of arrangement for Maxo Telecommunications to acquire the remaining 30.6% stake, offering a significant premium. The scheme promises a timely cash exit amid sector uncertainties.

MIXI Australia has extended its unconditional all-cash takeover offer for PointsBet shares, providing shareholders with a certain and attractive alternative to PointsBet’s conditional scrip bid. The offer now runs until 29 August 2025 at A$1.30 per share for acquisitions above 90%.

The Takeovers Panel has declined to investigate alleged breaches related to Yowie Group’s recent share placement and funding arrangements, finding no material impact on company control or disclosure issues.

AVJennings Limited has officially been acquired by Proprium Capital Partners through a scheme of arrangement, triggering a special dividend payout and the company’s imminent delisting from the ASX.

Pacific Smiles Group Limited reported a sharp 75.5% drop in statutory profit for FY 2025 due to one-off takeover expenses, yet underlying profit surged 38.6% on solid revenue growth and operational improvements.

Platinum Asia Investments Limited (PAI) held a pivotal Scheme Meeting seeking shareholder approval to restructure by exchanging shares for units in the Platinum Asia Fund Complex ETF (PAXX), accompanied by a special dividend payment. The outcome will reshape PAI’s investment management and ownership structure.

Metro Performance Glass proposes a $15–24 million recapitalisation involving a discounted rights offer and a major placement to Amari Metals, who would become the controlling shareholder.

Vigorous Resources has secured over 94% of Rey Resources shares and initiated compulsory acquisition, setting the stage for Rey's imminent ASX delisting.

Kinterra Capital GP Corp. II has extended its takeover offer for New World Resources Limited, pushing the deadline to August 22, 2025. This marks the sixth extension in the ongoing bid process.

Aurum Resources has announced a substantial 50% increase in the gold resource at its Boundiali Project in Côte d'Ivoire, lifting the total group resources to 3.28 million ounces. This milestone reflects successful drilling campaigns and sets the stage for further development.

Alara Resources Limited has addressed an ASX query regarding the late filing of a director's interest notice, attributing the delay to complexities in share ownership disclosure. The company confirms existing compliance arrangements remain robust.