Daily Roundup

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Pro Medicus Drops from Key Index

Pro Medicus Ltd has been removed from the S&P/ASX 50 Index following S&P Dow Jones Indices' quarterly rebalance, effective before market open on June 22, 2026. The S&P/ASX 20 Index remains unchanged, though other indices saw various additions and removals as part of the routine review.

Perpetual Bolsters Balance Sheet with Interfi Acquisition

In a strategic move to strengthen its position in the lending technology space, Perpetual Limited announced plans to acquire a 70% stake in Interfi Systems, a provider of digital solutions for the non-bank lending sector. The deal aligns with the company's broader strategy to expand its Digital and Markets division and boost its Corporate Trust capabilities. Beyond the acquisition, Perpetual is making solid progress on its balance sheet, with gross debt expected to shrink by roughly 15% by the end of June 2026. Management anticipates the Interfi acquisition will drive meaningful growth in FY27 and beyond.

Aerometrex Lands Major Government Deal

Aerometrex Limited has secured a substantial three-year contract worth A$1.5 million with the NSW Government to provide aerial imagery and spatial data services through its MetroMap platform. The agreement includes two optional one-year extensions and will support multiple NSW government agencies. The win validates MetroMap's standing as a trusted provider of critical spatial data to the public sector.

Arika Completes Gold Project Consolidation

Arika Resources Limited has wrapped up its acquisition of 100% ownership in the Yundamindra and Kookynie Gold Projects from Nex Metals Exploration, securing full control of its flagship assets in Western Australia's Leonora-Laverton region. The company paid $500,000 in cash and issued 70.8 million shares, subject to escrow restrictions. With complete operational control now in hand, Arika is positioned to move quickly on exploration and development. The company plans to kick off its next drilling phase in June, targeting resource growth and unlocking further value from both projects, which benefit from proximity to existing infrastructure and processing facilities.

Monadelphous Lands $380 Million Power Plant Contract

Engineering firm Monadelphous Group Limited has won a major $380 million contract with CS Energy to construct the Brigalow Peaking Power Plant near Chinchilla, Queensland. The project encompasses balance-of-plant construction and installation of 12 aeroderivative gas turbine generator units with a combined 400-megawatt capacity. Work kicks off in the second half of 2026, with completion targeted for early 2029. Once operational, the facility will supply power to more than 150,000 homes during peak demand periods, bolstering grid reliability while complementing renewable energy sources. The project is expected to employ around 300 people at peak construction.