Latest Ownership Transition News

AUCyber Limited reported a 112% revenue increase to $23 million in FY25, driven by acquisitions and cybersecurity growth, despite a $37.6 million net loss largely due to impairment charges. The company’s strategic pivot under 5G Networks’ majority ownership signals a renewed focus on sovereign cloud and AI-enhanced security services.

Donaco International Limited’s shares have been suspended from trading on the ASX following court approval of its acquisition by On Nut Road Limited. This marks a significant step in the company’s transition under new ownership.

Ramelius Resources has officially withdrawn its conditional takeover bid for Spartan Resources following court approval of a competing scheme of arrangement, setting the stage for Spartan’s shares to be acquired under the scheme.

Spartan Resources Limited shares have been suspended from the ASX following court approval of a scheme of arrangement for its acquisition by Ramelius Resources Limited. This marks a significant step toward the consolidation of gold mining assets in Western Australia.

Ridley Corporation has completed the sale of its Wasleys Feedmill in South Australia to the Baiada group for A$22 million, marking a strategic divestment announced earlier this year.

Engenco Limited’s shares will be suspended from trading following compulsory acquisition notices issued by Elph Investments, signaling a major shift in ownership.

The Reject Shop Limited has announced a special fully franked dividend of AUD 0.77 per share, contingent on the approval of its acquisition by Dollarama Inc. Key dates for the dividend include an ex-dividend date of 4 July and payment on 14 July 2025.

Cazaly Resources has secured key approvals to commence drilling at the Duke of York prospect within its Goongarrie Gold Project, aiming to validate promising historical gold intercepts and explore new mineralisation along a prolific gold corridor in Western Australia.

Qube Holdings reconfirms at least 5% underlying earnings growth for FY25 despite recent weather disruptions, completes the MIRRAT acquisition, and updates on a significant ownership change in its Patrick joint venture.

AUCyber Limited reported a substantial $19.5 million net loss for the half-year ended December 2024, driven by a $14.7 million impairment following underperformance post-merger. The company has since received and recommended a takeover bid from 5G Networks Limited.

Hotel Property Investments (HPI) reported a robust half-year profit of A$16.7 million, driven by rising rental income and property valuations, while managing significant takeover defence costs amid Charter Hall Retail REIT and Hostplus bids.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.