News Articles for Yatango

ASIC reviewing disclosure rules

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The corporate watchdog is considering an update to its disclosure policy for prospectuses, one week after uncertainty over the policy contributed to the collapse of a high-profile backdoor listing deal.

Dark cloud over backdoor listings

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A planned backdoor listing by technology company Yatango, which was backed by top-shelf advisers and boasted iiNet founder Michael Malone as one of its directors, has fallen through after being hit by tough market conditions and a run-in with the corporate regulator.

Magnolia raises $7m as tech wave grows

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The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.

Kennett and Malone join Seven

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Seven West Media has made four new board appointments including former Victorian premier Jeff Kennett and iiNet founder Michael Malone.

Former iiNet boss joins Yatango

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A local consumer services technology company currently in the middle of a backdoor listing has welcomed former iiNet chief executive Michael Malone to its board as a director.

Latitude to buy Yatango in $18m deal

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Shares in copper miner Latitude Consolidated skyrocketed on news it plans to exit the resources sector with a proposed acquisition of consumer services technology company Yatango through a scrip deal valued at about $18 million.