Daily Roundup

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Centrepoint Alliance to Acquire Brighter Super's Advice Book

Centrepoint Alliance, a leading provider of financial advice and services, has announced an agreement to acquire the comprehensive advice review book from Brighter Super, a Queensland-based superannuation fund. This strategic move will enhance Centrepoint's ability to provide high-quality financial advice to a broader client base.

The acquisition includes up to 400 customers that generate around $1 million in annual revenue. Centrepoint's salaried advice business, Financial Advice Matters, will provide comprehensive advice services to Brighter Super's members. This partnership will ensure Brighter Super's members receive the personalized support they need.

Stealth Group Holdings Requests Trading Halt

Stealth Group Holdings Ltd has requested a trading halt on its securities, effective immediately. The halt is pending the release of an announcement regarding a capital raising. The trading halt will remain in place until the earlier of the announcement being made or the commencement of normal trading on Tuesday, 22 April 2025.

Karoon Energy's Neon Development Progresses to Define Phase

Karoon Energy's Neon development opportunity has achieved a key milestone, moving into the Define phase, which includes Front End Engineering and Design. This follows a material improvement in the estimated Neon Contingent Resources, with 1C up 59%, 2C up 44%, and 3C up 21%. Prospective Resources of 6.7 MMbbl on a 2U basis have also been recognized for the first time.

The Define phase will involve further work to mature the Neon opportunity towards a possible Final Investment Decision, with an initial capital commitment of US$7-10 million. Karoon plans to commence a farm-down process during the third quarter of 2025 to secure a partner, a prerequisite to taking a Final Investment Decision.

Karoon Energy Reports Q1 2025 Results

Karoon Energy has reported its 2025 first quarter results, with production down 9% due to a planned maintenance shutdown at the Baúna Project. The company's Neon development project has progressed to the Define phase, and the acquisition of the Baúna FPSO remains on track.

Karoon's 2025 investment expenditure guidance has increased to US$105-125 million, reflecting the addition of the first stage of Neon Define costs. The company is monitoring the current global market turmoil and recent volatility in oil prices closely, with a focus on safe and reliable operations and strong financial discipline.

WiseTech Global Announces Executive Chair Agreement and Succession Planning Update

WiseTech Global has announced the key terms of the employment agreement entered into with Founder and Executive Chair Richard White. Under the 10-year agreement, Mr. White will focus on delivering the product roadmap, driving innovation, and overseeing succession planning.

The company has also progressed its search for a permanent Chief Executive Officer, with several strong internal and external candidates identified. Interim CEO Andrew Cartledge has reaffirmed his availability to stay beyond his planned retirement to enable a seamless handover and transition.

Austco Healthcare Awarded $3.4M Contract with Angeles Health

Austco Healthcare Limited has been awarded a significant multi-year, multi-million dollar contract by Angeles Health System in Mexico. The contract, valued at approximately AUD $3.4 million, includes the design, installation, and long-term support of Austco's state-of-the-art clinical communication solutions across three of Angeles Health's flagship hospitals.

This project enhances Austco's presence in the Latin American healthcare market and highlights the company's commitment to delivering scalable, future-ready technology to global healthcare providers.