Latest Regulatory Scrutiny News

Latitude Group Holdings reported a robust half-year to June 2025, with revenue climbing 13.3% and statutory profit soaring 341%, while navigating ongoing regulatory investigations related to a 2023 cyber incident.

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%.

Manuka Resources’ subsidiary Trans-Tasman Resources has entered a pivotal phase as an expert panel starts assessing its Fast Track application for seabed mining off New Zealand’s coast, aiming to unlock significant economic and mineral export potential.

EQT Holdings Limited reported record funds under management and a solid financial performance for FY25, successfully completing its three-year strategic integration program. The company’s margin recovery and dividend growth signal a confident outlook amid ongoing regulatory challenges.

Kaili Resources Limited has resumed trading on the ASX following a suspension triggered by regulatory queries. The company’s prompt response to ASX concerns has cleared the way for its securities to re-enter the market.

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.

TPG Telecom has revealed a significant cyber incident involving unauthorized access to iiNet’s order management system, potentially exposing sensitive customer data. The breach, traced to stolen employee credentials, is currently contained but raises questions about future security measures.

The Takeovers Panel has declined to intervene in the ongoing takeover tussle for PointsBet Holdings, allowing shareholders to weigh competing offers from MIXI Australia and betr Entertainment.

ClearVue Technologies has responded to ASX concerns after its CEO described previous project pipeline announcements as ‘fairy tales,’ affirming prior disclosures were accurate despite some project setbacks.

betr Entertainment has withdrawn its Notice of Meeting and cancelled the Selective Buy-Back Meeting following an undertaking with the Takeovers Panel related to its takeover offer for PointsBet. A new combined shareholder meeting will be called soon.

betr Entertainment Limited has lodged a replacement bidder’s statement enhancing its all-scrip takeover offer for PointsBet Holdings Limited, promising significant cost synergies and a stronger foothold in Australia’s wagering market.

The Takeovers Panel has accepted an undertaking from betr Entertainment, addressing key disclosure and structural concerns in its takeover bid for PointsBet, while declining to declare unacceptable circumstances.