Latest Trading Suspension News

Income Asset Management Group has attributed a late director interest notice to an administrative oversight and miscommunication, after ASX questioned whether disclosure rules may have been breached. IAM says it has reiterated its director reporting process and will strengthen controls if required.

Loyal Metals has completed its takeover by PT Bumi Resources, with scheme consideration paid to shareholders and trading suspended ahead of imminent delisting from the ASX.

An independent expert has pegged 3D Energi’s 20% stake in VIC/P79 at US$19.8 million, setting a September deadline for ConocoPhillips to exercise its buy-out right. The valuation, however, is contested by 3D Energi’s board.

Babylon Pump & Power has successfully raised $7.27 million through an entitlement offer combining cash and debt conversion, strengthening its focus on water management rentals. Blue Hire founder Byron Ynema joins the board as the largest shareholder.

Julian Cook has resigned as an executive director of Winton Land, citing fundamental disagreements with the majority shareholder on board roles and governance, following similar departures by other directors.

Winton Land’s governance is under strain after independent directors Steven Joyce and Guy Fergusson resigned citing conflicts with the majority shareholder. The board must urgently appoint new independent directors to maintain NZX compliance and avoid potential trading suspension.

Hearts and Minds Investments Limited (HM1) saw its profit after tax drop 57% to $46.4 million for FY26, amid a portfolio return slowdown to 5.2%. The company declared a 10-cent fully franked final dividend and maintained its $11.4 million commitment to Australian medical research.

Strata Investment Holdings delivered a £16.48 million comprehensive profit for H1 2026, driven by a strong revaluation of its investment portfolio and maiden royalty income from Botswana copper assets.

Loyal Metals Limited’s acquisition by PT Bumi Resources TBK has reached a key milestone with court approval now official, triggering suspension of Loyal shares on the ASX and setting the stage for scheme consideration payments in early September.

Loyal Metals has secured court approval for its acquisition by PT Bumi Resources, setting the stage for trading suspension and scheme implementation in early September.

The Federal Court has approved the schemes for Energy Fuels to acquire Australian Strategic Materials, setting in motion a series of key dates including trading suspension and shareholder payments.

Excelsior Capital will pay a full capital return of $27.43 million and delist from the ASX by the end of August, marking the final phase of its portfolio wind-up.