Latest Asset Monetisation News

SkyCity Entertainment Group turned down two unsolicited takeover proposals from Oaktree Capital and another party, citing undervaluation and onerous conditions. The company remains focused on its asset sales and operational reset.

SkyCity Entertainment Group reported a 22% drop in underlying EBITDA for FY26, impacted by regulatory costs and carded play rollout, while progressing asset sales and preparing for New Zealand's online casino market.

Marquee Resources shareholders rejected key share issues tied to the Tungsten Mountain acquisition, prompting the company to scrap the deal and refocus capital on advancing and monetising its existing portfolio.

Latitude 66 Limited has agreed to sell its non-core Piastri Project to Capricorn Metals for A$1.5 million in shares, enabling a sharper focus on its core Finnish and Western Australian assets.

SkyCity Entertainment Group has signed a non-binding heads of agreement to sell The Grand Hotel, aiming to boost financial flexibility through asset monetisation and debt repayment.

SkyCity Entertainment Group has completed the unconditional sale of its 99 Albert Street and Victoria Street properties for $74.5 million, aiming to reduce debt and boost financial flexibility.

Patronus Resources has hit high-grade gold well below the historical pit at its Tally Ho deposit in the Northern Territory, signalling promising depth extensions and a fresh mineralised zone.

Otto Energy has launched a formal process to sell its Gulf of America oil and gas holdings, aiming to unlock shareholder value amid favourable commodity prices. The move includes key assets South Marsh Island 71 and Green Canyon 21, with no set timeline or guarantee of sale completion.

Australis Oil & Gas has partnered with a major US-listed company to develop its Tuscaloosa Marine Shale assets, retaining a 10% interest in producing wells and holding a strong cash position after recent transactions.

Miramar Resources has completed a 19-hole RC drilling program at its Gidji JV Gold Project, revealing extensive shallow gold mineralisation including high-grade hits. The company also progressed project sales and acquisitions, supported by a $1.49 million capital raise and board reshuffle.

Energy World Corporation is accelerating development of its Pagbilao LNG terminal while launching a strategic review focused on monetising Siemens turbines amid evolving power market dynamics and strong U.S. demand.

Henderson Far East Income Limited posted a robust 23.3% net asset value total return for the half-year ending February 2026, supported by strong Asian tech and financial sector gains. The trust declared a 6.25p interim dividend and raised £39.1 million through new share issuance, securing a spot in the FTSE 250.