Latest Financial Distress News

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LDR Assets Pty Ltd has initiated an off-market takeover bid for all stapled securities in the Elanor Commercial Property Fund (ECF), offering $0.70 cash per security, representing a premium over recent trading prices and net tangible asset backing. The offer opens on 11 September 2025 and is set to close on 13 October 2025.
Eva Park
Eva Park
11 Sept 2025
Mayne Pharma has publicly refuted recent media claims about plans to close its Salisbury manufacturing site, clarifying its position amid ongoing regulatory scrutiny of its Scheme transaction with Cosette.
Ada Torres
Ada Torres
8 Sept 2025
Universal Biosensors Inc. has been suspended from ASX trading following the appointment of voluntary administrators, highlighting serious financial distress within the company.
Ada Torres
Ada Torres
22 Aug 2025
Universal Biosensors Pty Limited has entered voluntary administration with KPMG appointed as administrators, signaling urgent financial distress and a potential restructuring ahead.
Ada Torres
Ada Torres
20 Aug 2025
Genetic Technologies Limited has emerged from voluntary administration following a strategic asset sale and is now pursuing recapitalisation and acquisitions to restore its market position.
Ada Torres
Ada Torres
20 Aug 2025
Perpetual Limited is set to record a significant $153.7 million non-cash impairment for FY25, largely driven by challenges in its J O Hambro boutique. This move underscores ongoing asset outflows but leaves liquidity intact.
Claire Turing
Claire Turing
20 Aug 2025
Orbminco Limited is proposing a 20 – 1 consolidation of its issued shares to streamline its capital structure and broaden investor appeal, with shareholder approval sought in September.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Top Shelf International Holdings Limited has appointed voluntary administrators amid financial distress, with plans to continue trading while exploring sale or recapitalisation options. Shares remain suspended as the company seeks a path forward.
Victor Sage
Victor Sage
18 Aug 2025
HealthCo Healthcare and Wellness REIT reported a substantial $89.3 million loss for FY25, driven by tenant payment issues and portfolio downsizing, leading to suspended distributions and a debt facility extension.
Victor Sage
Victor Sage
15 Aug 2025
OzAurum Resources reveals that Line Hydrogen, the firm contracted for its Mulgabbie North Heap Leach Feasibility Study, has entered voluntary administration, casting uncertainty over the project’s progress.
Maxwell Dee
Maxwell Dee
13 Aug 2025
Australian Pacific Coal Limited has applied to set aside a statutory demand for over $1 million, a move that unfolds alongside its recent restart of underground mining at the Dartbrook Coal Mine.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Receivers and Managers have been appointed over Bowen Coking Coal and its subsidiaries following voluntary administration, as the company explores sale and recapitalisation options while maintaining operations.
Maxwell Dee
Maxwell Dee
1 Aug 2025