Latest Securities And Investment News

Loyal Metals has cleared a key regulatory hurdle with ASIC registering the Scheme Booklet for its proposed A$0.45 per share acquisition by PT Bumi Resources. The Independent Expert endorses the deal as fair and reasonable, while Loyal’s board unanimously backs the scheme, setting the stage for a shareholder vote.

Qoria Limited’s acquisition by Aura Consolidated Group has become legally effective following Federal Court approval, with Qoria shares suspended and Aura CHESS Depositary Interests set for issuance in mid-July.

Qube Holdings' acquisition by Rubik Australia is now legally effective following Supreme Court approval, with trading suspension imminent. The company has declared a fully franked special dividend of $0.3465 per share, payable mid-July, ahead of the scheme implementation in August.

The Supreme Court of New South Wales has approved the scheme of arrangement for Rubik Australia to acquire Qube Holdings, setting the stage for trading suspension and ownership transfer.

Sequoia Financial Group has postponed its dividend payment from late June to late August following ASIC's directive tied to ongoing Federal Court proceedings over the InterPrac sale.

ClearView Wealth has lodged its Scheme Booklet with ASIC, outlining Zurich's $0.65-per-share takeover offer and setting the stage for a pivotal shareholder vote on 27 July 2026.

Western Australia's State Government has backed VRX Silica's land swap proposal at Muchea, unlocking access to a significantly larger high-grade silica sand resource with lower environmental impact and paving the way for downstream glass manufacturing.

Peel Mining's acquisition by Aeris Resources has cleared its final legal hurdle, with the Supreme Court of NSW approving the scheme of arrangement. Peel shares will suspend trading from 22 June, with implementation slated for 1 July 2026.

The court-approved scheme for Pan African Resources to acquire Emmerson Resources has taken effect, leading to Emmerson shares being suspended and shareholders set to receive Pan African CDIs.

The Supreme Court of Western Australia has approved the scheme of arrangement enabling Pan African Resources to acquire Emmerson Resources, with the deal set to become effective on 22 June 2026 and Emmerson shares suspended from ASX trading.

The NSW Supreme Court has approved Aeris Resources' takeover of Peel Mining, setting in motion key dates for shareholder entitlements and trading suspension.

HITIQ Limited secured a Federal Court order extending the quotation period for its HIQOA listed options on the ASX, resolving a regulatory timing issue and validating the delayed admission.