Daily Roundup

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Here is a news roundup covering the top announcements for the day, written in an accessible, engaging, and reader-friendly style:

Vanguard ETFs Announce Estimated Distributions
Vanguard is getting ready to pay out some cash to its ETF investors. The fund manager has announced the estimated distribution amounts and timeline for 18 of its Aussie-listed ETFs, including popular funds like the Vanguard Australian Shares Index ETF (VAS) and Vanguard Australian Property Securities Index ETF (VAP).

Distributions are set to be paid out on January 17, 2025, with the all-important ex-date and record date falling on January 2 and 3, respectively. Vanguard is also reminding investors to make sure their bank details are up to date with the registry so they don't miss out on those juicy distribution payments.

Weebit Nano Inks Deal with Semiconductor Giant onsemi
Aussie tech company Weebit Nano has scored a major licensing deal, agreeing to hand over its resistive random access memory (ReRAM) technology to semiconductor powerhouse onsemi. Under the agreement, onsemi will integrate Weebit's ReRAM into its Treo platform, providing a low-power, cost-effective non-volatile memory solution.

While the financial details are still under wraps, Weebit is set to pocket licensing fees, engineering fees, and ongoing royalties as onsemi starts churning out products using the Weebit tech. This is a huge commercial validation for the Aussie firm, getting the stamp of approval from a major US semiconductor player.

QPM Completes Moranbah Power Station Acquisition
Queensland Pacific Metals (QPM) has finalized its deal to take full control of the 12.8MW Moranbah Power Station. The company now has the rights to generate and sell electricity from the plant, which it says will boost its revenue and lower operating costs.

This is an important strategic move for QPM as it looks to power its Moranbah Gas Project operations. Having this electricity generation capacity under its belt should provide some handy cost savings and flexibility going forward.

Betashares Announces Final Distributions for 2024
It's that time of year again - Betashares has dished the details on the final distributions for its range of ETFs and managed funds. Investors in funds tracking the Nasdaq 100, Australian shares, global bonds, and more can expect to see cash and franked payments hit their accounts later this month.

The distribution reinvestment plan is available for eligible funds, so investors have the option to automatically reinvest their distributions to buy more units. Just make sure your bank details are up to date with the registry to ensure a smooth payout process.