Latest Takeovers Panel Decisions News

Zenith Minerals has acknowledged Forrestania Resources’ completed capital raising and acquisition of the Edna May Gold Project, but the takeover process remains subject to the Takeovers Panel’s final orders. Further disclosure from Zenith is still pending.

Pengana Capital Group has lodged a formal application with the Takeovers Panel contesting the legitimacy and disclosure of Pengana International Equities’ recent capital management moves, including a contentious buy-back and rights issue.

The Takeovers Panel has opted not to pursue proceedings over allegations of undisclosed share ownership and associations in GWR Group, referring unresolved concerns to ASIC for further scrutiny.

Samuel Holdings has agreed not to trade its shares in DGR Global without Takeovers Panel approval, locking in its stake during ongoing proceedings sparked by Jeremy Raper's application.

Quinbrook Asset Management has lodged a review application challenging a recent Takeovers Panel decision involving Kingsland Minerals. The Panel President has approved the application, but no review Panel has been formed yet.

The Takeovers Panel has amended its orders for Emu NL’s upcoming general meeting, removing the resolution to elect Keith Rowe as a director after his withdrawal. This latest variation continues a complex saga of boardroom changes at Emu NL.

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.

Kinterra Capital has lodged a formal review application against the Takeovers Panel’s earlier ruling involving New World Resources, signaling potential shifts in the ongoing corporate governance saga.

The Takeovers Panel has introduced a phased lifting of voting restrictions on ARN Media’s 6.83% stake in Southern Cross Media, allowing incremental voting rights restoration starting July 2025 amid a contested board spill.

Yowie Group Ltd has formally applied to the Takeovers Panel for a review of its recent decision involving Keybridge Capital Limited, signaling ongoing regulatory scrutiny in this corporate governance matter.

The Takeovers Panel has declined Emu NL’s request to review a prior decision, citing insufficient evidence and no compelling case of association. This regulatory setback leaves Emu NL without recourse for now.

EMU NL’s latest quarterly report reveals promising copper exploration parallels with Canada’s largest open-pit mine, a renewed gold project strategy, and significant corporate restructuring amid shareholder disputes.