Latest Tax Implications 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.

Duxton Farms proposes to acquire all preference shares of Duxton Bees via a scheme of arrangement, offering 0.839 Duxton Farms shares per Duxton Bees preference share, with up to 20% cash consideration. The independent expert values Duxton Bees preference shares between $0.64 and $0.85 on a control basis and considers the transaction fair and reasonable.

Novomatic AG has launched an unconditional A$1.00 per share off-market takeover offer for Ainsworth Game Technology Limited, representing a 35% premium and backed by AGI's Independent Board Committee. The offer aims to consolidate Novomatic's control and potentially delist AGI from the ASX.

Mantle Minerals has announced a proposed capital return of $0.001 per share, subject to shareholder approval at its upcoming AGM, potentially distributing over $6 million back to investors.

Johns Lyng Group Limited (JLG) shareholders are set to vote on a scheme of arrangement that would see Sherwood BidCo Pty Ltd, backed by Pacific Equity Partners, acquire 100% of JLG shares at a significant premium. The scheme booklet, now registered with ASIC, outlines a $4.00 per share cash consideration and an option for management shareholders to receive scrip in the acquirer's holding company.

BlackRock is reshaping its iShares Future Tech Innovators ETF by narrowing its focus to the 30 largest Nasdaq 100 companies and cutting management fees nearly in half, effective October 15, 2025.

TPG Telecom Limited has announced an ordinary unfranked dividend of AUD 0.09 per share for the six months ending June 2025, signaling steady shareholder returns without franking credits.

Worley Limited has announced an ordinary unfranked dividend of AUD 0.25 per share for the six months ending June 2025, signaling steady shareholder returns amid a complex energy sector landscape.

Goodman Group has confirmed the dispatch of its 15.00 cents per stapled security distribution for the first half of 2025, maintaining its steady income stream for investors.

Scentre Group has announced its actual ordinary dividend for the six months ended June 2025, alongside detailed currency options and dividend reinvestment plan pricing.

Goodman Group has announced a total distribution of 15 cents per stapled security for the year ended 30 June 2025, combining dividends from its Hong Kong logistics arm and its Australian industrial trust.

360 Capital Group (ASX – TGP) reported a 15% rise in operating profit for FY25 and announced a substantial $78.8 million special distribution, reflecting strong momentum in its real estate and credit platforms.