Latest Remediation News

Income Asset Management Group has attributed a late director interest notice to an administrative oversight and miscommunication, after ASX questioned whether disclosure rules may have been breached. IAM says it has reiterated its director reporting process and will strengthen controls if required.

The Takeovers Panel has replaced previous interim orders on Forrestania Resources’ takeover bid for Zenith Minerals with fresh orders that prevent Forrestania from closing the bid until the Panel’s proceedings conclude or two months pass.

FirstWave Cloud Technology has lodged a provisional patent for an AI-driven network monitoring system that promises automated, explainable root cause diagnosis, aiming to boost its fastest-growing revenue stream.

Peter Warren Automotive has secured ACCC approval for its acquisition of Wakeling Automotive’s dealerships in Sydney’s Macarthur region, contingent on divesting eight sites to maintain local competition.

The ACCC has approved Peter Warren Automotive's acquisition of Wakeling Automotive's dealerships in Sydney's Macarthur region, conditional on divesting eight sites to preserve competition.

Corporate Travel Management (ASX:CTD) has posted a $17.7 million net profit for FY26, reversing a prior $348.5 million loss, supported by UK client settlements, new debt facilities, and a governance uplift program.

Corporate Travel Management (ASX:CTD) posted a $17.7 million profit for FY26, reversing a $348.5 million loss the previous year, driven by stronger earnings in ANZ and Europe and progress on UK customer settlements.

Celsius Resources disputes foreclosure attempts by Equinaire over its 40% stake in Makilala Mining amid court rulings and pending arbitration.

The Star Entertainment Group narrowed its net loss to $307 million in FY26, boosted by refinancing, operational improvements, and a joint venture exit, while navigating ongoing regulatory scrutiny and remediation efforts.

PT ANTAM (ASX:ATM) posted a 6% increase in net sales to Rp62.71 trillion in the first half of 2026, driven by steady gold, nickel, and bauxite sales. Profit after tax surged 34% to Rp6.91 trillion, supported by improved margins and foreign exchange gains.

Spacetalk Ltd reported a 17% revenue decline in FY26 amid a strategic reset, but mobile revenue grew 16% as the company pivots to a software-led family safety platform supported by new telco partnerships.

Bisalloy Steel’s FY26 profit fell 16% as softer domestic demand and Indonesian import restrictions weighed, but the company secured a pioneering US submarine steel order and advanced its digital wear-monitoring technology.