Latest Related Party Transaction News

Burgundy Diamond Mines has disclosed a breach of ASX Listing Rule 10.1 related to $24.9 million in short-term financing involving related-party diamond sales. The company has halted these sales pending regulatory review and plans to seek shareholder approval.

The Takeovers Panel has declined to investigate allegations against Duxton Farms’ major shareholders concerning a recent merger and capital placement, affirming no change in control despite reduced voting power.

AssetOwl Limited has had over $700,000 of debt forgiven by two lenders, significantly reducing its borrowings and strengthening its financial position.

AssetOwl Limited has increased its funding facility with Pacific Equity Investors Inc from $700,000 to $1 million, enhancing its financial flexibility to support recent contract wins.

CloudHolter Pty Ltd reported a substantial $39.7 million net loss for FY2025 amid ongoing cash outflows but continues to raise capital through convertible notes as it targets an IPO by year-end.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

Rewardle Holdings clarifies its complex relationship with CloudHolter and updates on Pepper Leaf loan litigation, addressing ASX concerns over financial reporting delays.

Kincora Copper has closed a fully subscribed $4 million private placement, positioning itself to advance drilling at its Condobolin project and expand its exploration portfolio.

AIMS Property Securities Fund (APW) reported a remarkable financial year ending June 2025, with net income and revenue more than doubling and net tangible assets per unit rising 31.8%. The fund’s conservative, debt-free approach and diversified portfolio helped it outperform the broader market despite ongoing distribution suspensions.

Pengana Private Equity Trust reported a robust FY25 with a 7.6% NAV increase and a strong net profit of $50 million, underpinned by a diversified global private equity portfolio and a strategic buyback program.

Saferoads Holdings Limited reported a net profit of $4.35 million for FY2025, driven largely by a $5.27 million gain from the sale of its Road Safety Rental business. Continuing operations showed a modest loss amid a 14% revenue decline.

Spacetalk Limited reported a 12.2% revenue increase to $19.6 million in FY25, driven by recurring mobile subscriptions and device sales, while reducing its net loss by 27.1%. The company secured $3 million in capital post-year-end to support growth amid ongoing going concern uncertainties.