Company posts increase in like-for-like net property income growth to 2.9% SYDNEY: Dexus Convenience Retail REIT (DXC) announced its full-year results for the period ending June 30, 2025, confirming a distribution of 20.7 cents per security. This figure is slightly above the company’s guidance of 20.6 cents per security. The results highlighted an increase in…
Company’s portfolio returned 6.4% including franking credits, significantly trailing the S&P/ASX 200 Accumulation Index return of 15.1% MELBOURNE: Investment firm AMCIL Limited announced a full-year profit of $6.7 million for 2024/2025, down from $7.5 million the previous year, amid portfolio underperformance relative to the broader Australian market. The company’s portfolio returned 6.4% including franking credits,…
SYDNEY: Atturra Limited (ASX: ATA), a top-tier Australian IT services provider, announced Wednesday its subsidiary, Cirrus Networks Holdings Pty Ltd, will acquire Blue Connections Pty Ltd in a move expected to bolster its managed services footprint and national reach. The deal, valued at up to AUD 25.5 million including performance-based earn-outs, will see Blue Connections…
MELBOURNE: Australian Foundation Investment Company (AFIC) has announced a fully franked special dividend of 5 cents per share alongside its final dividend, despite posting a slight decline in profit for the fiscal year ended June 30. AFIC reported a net profit of A$285.0 million, down 3.9% from A$296.4 million a year earlier. Revenue from operating…
SYDNEY: Aumake Ltd. (ASX: AUK), a distributor of Australian and New Zealand consumer brands in Asia, said Thursday that unaudited full-year sales rose more than 50% to over A$39 million, as improving trade ties between China and Australia boosted demand. Chairman Anthony Noble attributed the growth to favorable geopolitical shifts and Aumake’s strategic position in…
PERTH: Capricorn Metals Ltd. said Thursday it will acquire Warriedar Resources Ltd. in an all-scrip deal, consolidating two major gold projects in Western Australia. The transaction, unanimously endorsed by Warriedar’s board, is valued at approximately A$188 million and is expected to expand Capricorn’s gold reserves and operational footprint. Under the scheme of arrangement, Warriedar shareholders…
PERTH: Solara Minerals Ltd (ASX:SLA) announced Monday it has entered into a binding agreement to acquire OD4 Tom Price Pty Ltd, a private company holding seven exploration licences covering 310 square kilometers in Western Australia’s highly prospective Murchison region. The acquisition grants Solara 100% ownership of projects near prolific gold and copper-producing districts, including Sandfire…
SYDNEY: Mirrabooka Investments Ltd (ASX:MIR) reported a full-year profit of A$7.9 million for the year ended June 30, down from A$10.7 million a year earlier, as its portfolio underperformed broader market indices amid volatile conditions. The listed investment company, which specialises in small and mid-sized companies across Australia and New Zealand, posted a total portfolio…
MELBOURNE: Building services firm Johns Lyng Group Limited (ASX: JLG) announced Friday it has entered into a binding agreement to be acquired by funds managed by Pacific Equity Partners (PEP) in a deal valuing JLG’s equity at approximately $1.1 billion. Under the Scheme Implementation Deed, Sherwood BidCo Pty Ltd — a PEP-controlled entity — will…
SYDNEY: Buru Energy Limited (ASX:BRU) has finalized agreements with Koloma Australia Pty Ltd for the sale of its geologic hydrogen-focused subsidiary, 2H Resources Pty Ltd (2HR), and non-core exploration assets in Western Australia’s Canning Basin. The deal, worth up to $2 million, includes an initial $1 million payment and additional staged payments tied to license…
BRISBANE: PPK Group Limited (ASX: PPK) announced Thursday the successful merger of its subsidiaries, White Graphene Limited (WGL) and BNNT Technology Pty Ltd, into a single nanomaterials business. Under the terms of the deal, WGL acquired 100% of BNNT’s shares in exchange for WGL equity. Post-merger, PPK’s direct stake in WGL increased to 49.32%, up…
SYDNEY: Pantera Lithium Ltd. (ASX: PFE) has entered a binding agreement to sell its Smackover lithium brine project in Arkansas to U.S.-based Energy Exploration Technologies Inc. (EnergyX) in a deal valued at A$40 million. The transaction includes A$6 million in cash and A$34 million in EnergyX common stock, giving Pantera shareholders exposure to the recovering…