Latest Regulatory Oversight News

Cannindah Resources Limited has had its trading suspension lifted immediately following the release of a capital raising announcement, signaling renewed market activity.

The ASX has formally warned Truscott Mining Corporation that its current operations may not meet listing requirements, giving the company six months to demonstrate compliance or face suspension.

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.

Astron Corporation has secured Hong Kong Court approval for its redomicile scheme, paving the way for its transition to an Australian-listed parent company with new shares issued on a two-for-one basis.

GTN Limited has finalised a $43.85 million capital return, distributing $0.23 per share to shareholders. The company awaits an Australian Tax Office ruling to clarify tax implications for investors.

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.

Emu NL has lodged a formal review application against the Takeovers Panel's recent variation of orders, signaling continued regulatory tension in its takeover proceedings.

Meridian Energy, alongside Genesis, Mercury, and Contact, has agreed to establish a strategic energy reserve at Huntly Power Station to bolster New Zealand's electricity security amid ongoing gas shortages.

Sequoia Financial Group has launched a dedicated AFSL Governance Committee to bolster oversight across its licenses, appointing former ASIC Commissioner Danielle Press as Independent Chair.

The Takeovers Panel has amended its orders for Emu NL, mandating a new shareholder meeting to consider expanded resolutions, including director removal proposals from Wayburn Holdings.

Foresta Group Holdings secures a critical extension from New Zealand's Overseas Investment Office and partners with EECA to explore geothermal energy use, pushing forward its flagship Kawerau biomass project.

Latrobe Magnesium Limited has extended its Pilot Project Licence with EPA Victoria until February 2027, paving the way to resume magnesium oxide production at its Hazelwood North site in August 2025.