Latest Investments News

Synlait has agreed to sell its North Island assets to global healthcare giant Abbott for approximately US$178 million, marking a strategic reset focused on debt reduction and operational simplification. The deal, expected to close by April 2026, positions Synlait to concentrate on its South Island operations and explore new growth avenues.

Gold Road Resources Limited shares have been suspended from the ASX following court approval of its acquisition by Gruyere Holdings Pty Ltd, marking a pivotal step in the gold miner’s corporate journey.

Cromwell Property Group has announced the commencement of asset realisation and winding up of its Direct Property Fund, following a recent liquidity event. The process is designed to be gradual and is not expected to affect the company’s FY26 earnings or distribution guidance.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

Elanor Investors Group has obtained a crucial ASX waiver allowing a longer timeframe to issue securities tied to its $125 million recapitalisation with Rockworth Investment. This move addresses regulatory delays and aims to stabilise Elanor's balance sheet and reduce gearing.

United Overseas Australia Ltd has completed its acquisition of a prime land parcel in Ho Chi Minh City, setting the stage for a major Grade A office development that aligns with Vietnam’s growing financial hub ambitions.

Synlait Milk Limited has completed a $350 million refinancing package with a strong banking syndicate, featuring amended financial covenants for FY26 and maintaining key shareholder support.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.

Elanor Commercial Property Fund’s Independent Board Committee unanimously recommends rejecting Lederer’s unsolicited $0.70 per security takeover bid, supported by an Independent Expert’s report deeming the offer neither fair nor reasonable.

Caravel Minerals has released its first comprehensive Sustainability Report for fiscal 2025, detailing ambitious ESG initiatives and a clear roadmap toward net-zero emissions for its Caravel Copper Project in Western Australia.

Murray Cod Australia Limited reports a profitable FY25 with a significant biomass increase and completes a $17 million capital raise to fund infrastructure and market expansion ahead of a commercial inflection in FY26.

Murray Cod Australia has raised approximately A$17 million through an institutional placement to fund a significant expansion in production capacity and sales capabilities as it enters a pivotal growth phase.