Latest Tax And Regulatory News

Duxton Farms Ltd has announced a scheme of arrangement to acquire all issued preference shares of Duxton Dried Fruits Pty Ltd, offering a mix of scrip and cash consideration. An independent expert has assessed the transaction as fair and reasonable, endorsing the merger as a strategic step to create a diversified agricultural investment platform.

The Star Entertainment Group reported a statutory net loss of $471.5 million for FY25, impacted by regulatory reforms and remediation costs, while securing a $300 million strategic investment to bolster liquidity.

Smart Parking Limited reported a transformational FY25, driven by a landmark US acquisition and strong international growth, boosting revenue by 41% and profit by 47%.

Strickland Metals has completed the sale of its Yandal Gold Project to Gateway Mining, distributing most Gateway shares directly to its shareholders and sharpening its focus on the Rogozna Project in Serbia.

News Corporation has announced an ordinary dividend of USD 0.10 per Class B Voting Common Stock-CDI, payable in October 2025 with key dates set for September. The dividend is unfranked and subject to withholding tax, with payments in USD and AUD depending on the security held.

BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan (DRP) prices for three major Australian iShares ETFs for the July 2025 distribution period, alongside important investor compliance reminders.

Neurizon Therapeutics has received positive feedback from the FDA on its plan to resolve the clinical hold on its ALS drug candidate NUZ-001, with key preclinical studies completed ahead of schedule. The company aims to resume clinical trials in late 2025.

BlackRock Investment Management (Australia) Limited has announced the estimated distribution components for its iShares Yield Plus ETF for the period ending 30 June 2025, revealing a total cash distribution of 70.57 cents per unit.

Vigorous Resources has launched an unconditional off-market takeover bid for all shares in Rey Resources at a 160% premium, backed by unanimous board support and funding from a major shareholder.

Omni Bridgeway confirms the US Budget Bill signed on 4 July 2025 excludes the proposed Legal Finance tax, a move welcomed by the company amid broad political support.

BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan (DRP) prices for its suite of Australian-domiciled iShares ETFs for the June 2025 distribution period. The update includes detailed pricing across multiple funds and important investor compliance reminders.

Betashares Capital Ltd has announced the final distribution amounts for over 70 ETFs for the June 2025 period, detailing payment schedules and reinvestment plan options.