Latest Restructuring News

Unibail-Rodamco-Westfield has requested suspension of its securities from the ASX, marking the first step toward its official delisting. This move signals a significant shift for investors and the commercial property sector.

Platinum Asia Investments has finalized its scheme of arrangement, transferring shares to an ETF structure and delisting from the ASX. Shareholders now hold units in the Platinum Asia Fund Complex ETF as the company undergoes a significant restructure.

Following the completion of a scheme of arrangement, Platinum Asia Fund Complex ETF (ASX – PAXX) has issued over 67 million new units, significantly expanding its capital base and setting the stage for increased market activity.

Platinum Asia Investments Limited reported a robust 226% increase in net profit for FY2025, alongside a strategic Scheme of Arrangement to restructure and delist the company from the ASX.

Clime Capital Limited reported a $3.06 million net profit for FY25 and announced a 1.35 cent dividend, while restructuring its convertible notes to enhance investor returns.

Platinum Asia Investments has finalized its restructuring scheme, exchanging shares for units in the Platinum Asia Fund Complex ETF and declaring a substantial special dividend for shareholders.

Strickland Metals has completed the distribution of Gateway Mining shares to its shareholders following the sale of its Yandal Project, marking a significant step in its corporate restructuring.

Close the Loop Limited reported a 7% decline in revenue to $195.1 million for FY25, alongside a significant net loss increase to $21.9 million, driven by operational challenges and one-off costs. The company is navigating leadership changes and portfolio adjustments while maintaining a focus on sustainability and circular economy growth.

Genetic Signatures reported a 63% revenue increase to $15.9 million in FY25, alongside a 28% reduction in underlying losses and a strategic shift in its automated diagnostics platform development.

Genetic Signatures Limited reported a 63% revenue surge to $15.9 million in FY25, driven by strong Australian sales and progress in EMEA, while navigating a $20.1 million net loss and a strategic pivot towards partnerships for automated diagnostics.

Rubicon Water’s FY25 results reveal strong global revenue growth led by the US and EMEA, alongside a narrowing EBITDA loss despite operational headwinds and strategic restructuring in China.

Piedmont Lithium Inc. has halted trading on the ASX as it finalises a merger with Sayona Mining Limited, marking a significant restructuring in the lithium mining sector.