Latest Asian Markets News

AFT Pharmaceuticals posted a 22% revenue jump to NZ$254.7 million and a 39% increase in operating profit to a record NZ$24.4 million for FY26, exceeding guidance. The company targets over NZ$300 million revenue for FY27, fueled by international expansion and a deepening R&D pipeline.

Helios Energy Ltd has secured $1.51 million through a share placement priced at $0.003 each, while extinguishing $100,000 of convertible note debt by issuing shares to noteholders. The capital boost aims to support working capital as the company advances its Texas oil projects.

RAS Technology Holdings has locked in new contracts and extensions expected to add at least $2 million in annualised revenue, reinforcing growth in wagering technology and international markets.

SPC Global Holdings has kicked off a fully underwritten $100 million equity raise via a 1-for-0.1993 renounceable entitlement offer priced at $0.10 per share, aiming to sharply reduce net debt and back its expansion plans.

Australian Dairy Nutritionals has closed the gap on its recent Entitlement Offer by placing 25 million shortfall shares, raising an additional $0.7 million and bringing total proceeds to $1.2 million.

Comvita has completed a $40.5 million capital raise combining a $30 million Rights Offer and a $10.5 million Strategic Placement, welcoming Singapore’s F&N Ventures as a near 20% strategic investor.

Xamble Group has secured A$0.67 million through a discounted placement to fund the integration of YToday and drive AI-powered cost efficiencies, aiming to sharpen its path to profitability.

Evion Group has secured key approvals from Madagascar’s Ministry of Mines to convert exploration permits into mining permits for its Maniry Graphite Project, backed by significant EU funding and US trade initiatives. Meanwhile, its Indian joint venture progresses a major graphite plant expansion to meet growing demand.

Resonance Health reports strong cash flow and progress in clinical trials, with a record forward order pipeline for its Software-as-a-Medical-Device business and profitable trial site clinics.

Xamble Group stabilised revenue at A$1.64 million in Q1 2026 while narrowing its group EBITDA loss slightly despite ramped-up technology spending. The company completed its acquisition of YouthsToday, tripling its influencer base and locking in three commercial contracts worth A$1.17 million.

Coronado Global Resources launched a structural reset targeting cash flow improvement, with Buchanan mine doubling EBITDA despite weak markets, while Logan mine was idled amid persistent High Vol challenges and a $160 million impairment is expected.

Patagonia Lithium has reported strong assay and porosity results from its Formentera project in Argentina, alongside a successful $2.79 million capital raise that lifts its cash position to $3.4 million. The company is advancing drilling, seismic surveys, and plans for a 1,000 tonne lithium carbonate demonstration plant.