Latest Takeover Panel Orders News

EMU NL has announced a non-renounceable entitlement offer to raise approximately $1.83 million to fund exploration at its Georgetown and Badja projects, while facing significant governance challenges ahead of a pivotal shareholder meeting.

The Takeovers Panel has mandated Emu NL to hold a new shareholder meeting after finding serious irregularities in the recent extraordinary general meeting, including share issuance timing and proxy voting issues.

The Takeovers Panel has modified its restrictions on ARN Media’s voting rights over Southern Cross Media shares, gradually lifting limitations starting July 2025. This change reshapes the shareholder voting landscape ahead of key resolutions.