Latest Growth Initiatives News

Tower Limited has raised its full-year profit guidance significantly, driven by lower-than-expected large event costs, even as it moderates its premium growth outlook.

Verbrec Limited has agreed to sell its Competency Training business to RelyOn Australia for $11.5 million in cash, aiming to sharpen its focus on core engineering services and accelerate growth in energy transition and automation.

Horizon Oil Limited reported robust FY25 financial and operational results at the RIU Good Oil & Gas Conference, highlighting sustained dividends and a clear growth strategy across its Asia-Pacific portfolio.

Brickworks Limited shareholders convened on 10 September 2025 to vote on a landmark merger with Washington H. Soul Pattinson, creating a new ASX-listed entity, Topco. The deal promises streamlined ownership and enhanced growth prospects.

Bass Oil Limited reported a 55% increase in EBITDA for the first half of 2025 despite lower oil prices, while progressing key gas field developments to enter the Australian East Coast Gas Market.

SkyCity Entertainment Group has successfully completed a NZ$240 million equity raise through a fully underwritten entitlement offer, with retail shareholders subscribing to one-third of their entitlements. New shares will begin trading next week on both the NZX and ASX.

Wagners Holding Company Limited has secured $30 million through a strongly supported placement to fund growth in its construction materials and composite fibre technologies divisions.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Felix Group Holdings reminds shareholders that its Share Purchase Plan closes on 9 September, offering shares at a slight discount following a $16 million placement. Eligible investors in Australia and New Zealand have a final chance to participate without brokerage fees.

Control Bionics Limited has announced a 1-for-5 non-renounceable rights issue to raise up to $2.06 million, aiming to fund the commercial expansion of its NeuroStrip® device and operational growth. The offer is partially underwritten and open to eligible shareholders in Australia and New Zealand.

KMD Brands has launched a comprehensive 'Next Level' turnaround strategy targeting $25 million in cost savings alongside $15 million in growth investments, aiming to restore profitability and accelerate brand-led expansion.

EQ Resources has successfully raised $22.5 million through an institutional placement, aiming to accelerate production and strengthen its financial position at the Mt Carbine tungsten project.