Latest Asia Pacific News

X2M Connect has secured a new Smart Community Agreement for 800 homes in Victoria’s Glanmire Park estate, adding an estimated $1.6 million revenue opportunity to its growing Australian smart community pipeline.

Audeara Ltd has posted its second straight quarter of positive operating cash flow, driven by a record Australian wholesale order and expanding technology licensing deals. The company’s cash balance rose to $1.05 million as it advances global market expansions.

Tamboran Resources Corporation is extending its capital raise with a partially underwritten retail entitlement offer worth up to A$27 million, following a US$163 million institutional and public offering. The proceeds will accelerate drilling and resource delineation in the Beetaloo Basin, aiming to underpin first gas sales in 2026.

Horizon Oil’s Letter of Intent with Power and Water Corporation for a new Mereenie gas sales deal has expired without replacement, prompting a suspension of planned infill drilling and a notable cut to capital expenditure forecasts.

Diatreme Resources is consolidating its Far North Queensland silica assets by selling the Cape Flattery Silica Project to its joint venture with Sibelco, securing $7.4 million in fresh capital and streamlining project ownership ahead of key development milestones.

WhiteHawk (ASX: WHK) has acquired Quixxi, gaining the Clarity AI platform to extend its cybersecurity services into the burgeoning global AI governance sector. The deal positions WhiteHawk at the convergence of cybersecurity, data governance, and AI risk management amid rapid market growth and regulatory momentum.

Ainsworth Game Technology Limited has released its Target’s Statement recommending shareholders accept an unconditional proportional off-market takeover bid by Mr Kjerulf David Hastings Ainsworth at $1.30 per share, representing a premium to recent trading prices.

Pacific Edge reported a 2.7% increase in test volumes for Q4 2026 despite operational challenges, supported by growing momentum toward Medicare coverage and expanded commercial payer adoption in the US and Asia Pacific.

PaySauce reported a 12% year-on-year rise in processing fee revenue for Q4 2026, driven by customer growth and service simplification, alongside launching its Global Payroll Platform in Australia. Annual recurring revenue grew 6% to NZD 8.9 million despite some quarter-on-quarter softness.

Tamboran Resources Corporation has secured up to US$198 million through a combination of public and entitlement offers to fund expanded drilling and resource delineation in the Beetaloo Basin, aiming for first gas sales by Q3 2026.

Memphasys Limited (ASX: MEM) announced an investor webinar and released an updated presentation detailing its transition from early-stage commercialisation to scaling global revenues, highlighting multi-market sales, recurring cartridge revenue, and regulatory progress.

Advanced Innergy Holdings Ltd (ASX:AIH) has entered an exclusivity deed with Matrix Composites & Engineering Ltd (ASX:MCE) following a non-binding indicative offer to acquire all MCE shares at $0.40 each. The exclusivity period extends to 28 April 2026, allowing AIH to negotiate binding terms exclusively as part of its strategy to expand in subsea technologies and manufacturing in the Asia-Pacific region.