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Aurelia Metals Secures AU$150 Million Senior Secured Financing

Aurelia Metals (ASX:AMI) has completed financial close on a AU$150 million senior secured financing package with Citibank, Credeq, and HSBC, replacing its prior facilities and releasing around AU$46 million in restricted cash to boost available liquidity, according to a Wednesday Australian bourse filing.The facility includes a AU$110 million rehabilitation bonding facility and a AU$40 million revolving credit facility, replacing the prior AU$65 million bonding facility and a $14.6 million undrawn Trafigura loan note advance, per the filing.The new structure comprises three and five-year tranches with no amortization, cash collateral, or mandatory hedging, and is more cost-effective than prior arrangements, the filing added.

ASX:AMI

Asia6d ago

Financial Platform Flows Driven by Capability, Not Pricing, Says Jefferies

Client flows for financial services platforms are driven by managed account capability, as advisers prefer to pay for functionality rather than lower fees, Jarden said in a note on Tuesday, citing its five-year analysis of the sector.The investment firm said, "platform clients are relatively price inelastic," as some expensive platforms continue to attract flows due to strong features, broader investment options, adviser support, and integration.The firm added that HUB24 Limited (ASX: HUB) remained its top pick due to its competitive positioning and capability-based client growth. It preferred AMP (ASX: AMP) over Netwealth Group (ASX: NWL), as the latter continues to lag on flows amid rising costs.Jarden has a buy rating and price target of AU$110.40 for HUB24, an overweight rating and price target of AU$1.75 for AMP, and a neutral rating and price target of AU$25.70 for Netwealth.

ASX:AMPASX:HUBASX:NWL

Asia6d ago

LTR Pharma Gets Ethics Committee Approval for Trial of Intranasal Spray in Patients With Oesophageal Motility Disorders

LTR Pharma (ASX:LTP) received ethics committee approval for a clinical study to evaluate its Oroflow intranasal spray in patients with oesophageal motility disorders, which impede the food swallowing function, according to a Wednesday filing with the Australian bourse.The company expects to initiate the study in the coming quarter to assess Oroflow's effect in healthy volunteers before progressing to patients with the disorders."As a non-invasive intranasal spray, Oroflow may be particularly suited to patients with swallowing difficulties, removing the need to take an oral tablet while offering a rapid route of administration," the company said.

ASX:LTP

Asia6d ago

Atlas Arteria Says Independent Directors Reviewing Response as IFM Takeover Offer Extended

Atlas Arteria (ASX:ALX) said its independent directors are reviewing their response following the extension of IFM Investors' takeover offer after the bidder increased its voting power above 50%, according to a Wednesday filing with the Australian bourse.The company said a supplementary target's statement is expected before market open on June 29, the filing added.

ASX:ALX

Asia6d ago

AFT Pharmaceuticals Gets US FDA Nod for Phase 3 Trial of Injectable Iron Therapy

AFT Pharmaceuticals (NZE:AFT, ASX:AFP) said the US Food and Drug Administration allowed the company to proceed with a phase 3 clinical trial of its injectable iron deficiency therapy, according to a Wednesday filing with the Australian and New Zealand bourses.AFT and development partner Hyloris Pharmaceuticals plan to launch a global confirmatory study involving 1,366 patients across multiple geographies including New Zealand, China, India, Japan, Armenia, Europe, and the US.The therapy targets an addressable market estimated at $7.41 billion, per the filing.The company's New Zealand shares gained 2% in recent Wednesday trade.

ASX:AFPNZE:AFT

Asia6d ago

Reliance Worldwide Melbourne Brass Ops Closure Lifts Earnings, But Growth Remains Limited, Says Jefferies

Reliance Worldwide's (ASX:RWC) plan to close its Melbourne brass operations, and an expected earnings uplift of $9 million have boosted core earnings estimates, Jefferies said in a note on Tuesday, adding that underlying earnings growth remains limited.The investment firm has raised its fiscal 2027 and fiscal 2028 EBIT estimates by 5% and 4%, respectively, as improved margins in the US offset the decline in APAC intercompany sales.The firm made no changes to its underlying operating forecasts, as it projects macroeconomic conditions to remain challenging across all three major operating regions."Stock continues to screen cheap with management controlling controllables at a low point in the cycle," analysts at the firm commented.Jefferies maintained a buy rating and increased price target to AU$4.20 from AU$3.80.

ASX:RWC

Asia6d ago

SkyCity Entertainment Group Says AustralianSuper Reduces Stake

SkyCity Entertainment Group (ASX:SKC, NZE:SKC) received notice that AustralianSuper decreased their holdings in the company to 8.32% from 10.29%, according to a Wednesday filing with the New Zealand bourse.AustralianSuper now owns 91.7 million shares in the company, the filing said.

ASX:SKCNZE:SKC

Asia6d ago

KMD Brands Approves 1-for-25 Share Consolidation

KMD Brands (ASX:KMD, NZE:KMD) said it will consolidate its ordinary shares on a 1-for-25 basis, reducing the total number of shares on issue, according to a Wednesday filing with the Australian and New Zealand bourses.The company will consolidate every 25 existing shares held on July 1 into one share, reducing the total shares outstanding to around 72 million from about 1.8 billion, the filing added.

ASX:KMDNZE:KMD

Asia6d ago

BrainChip Holdings Launches Akida Communication Reference Platform

BrainChip Holdings (ASX:BRN) launched a neuromorphic computing reference platform built on its Akida AKD1500 processor to enable real-time radio frequency (RF) signal classification for defense and edge applications under strict power and size constraints, according to a Tuesday statement by the company after market hours.The platform was designed for defense, intelligence, and government applications, enabling on-device signal intelligence in constrained environments where limitations in power, size, weight, and connectivity make graphics processing unit or field-programmable gate array-based solutions impractical.The company said the platform delivers sub-watt inference while classifying over 20 RF modulation types in real time at over 85% accuracy and adapting to new waveforms through data capture for retraining.The system integrates a software-defined radio and serves as a reference design for prototyping battery-powered, edge-deployed signals intelligence applications, the company added.

ASX:BRN

Asia6d ago

Atlas Arteria Bidder Diamond Infraco 1 Automatically Extends Takeover Offer

Atlas Arteria's (ASX:ALX) bidder Diamond Infraco 1, IFM Global Infrastructure Fund's subsidiary, automatically extended its off-market takeover offer to July 7, according to an Australian bourse filing on Tuesday after market hours.The increase comes after Diamond Infraco 1 increased its voting power in the company to more than 50% within the last seven days of the original offer period, per the filing.

ASX:ALX

Asia6d ago

White Energy Secures Up to AU$1 Million Loan Facility

White Energy (ASX:WEC) secured a loan facility of up to AU$1 million at the lender's discretion from Ilwella, a substantial shareholder and private company associated with Chairman Brian Flannery, according to an Australian bourse filing on Tuesday after market hours.The loan carries no conversion rights and must be repaid on demand or immediately upon the borrower receiving proceeds from any capital raise, per the filing.Interest is charged at 0.8% per month and increases to 1.2% per month if not paid by the due date, the filing said.The facility will fund due diligence expenses for the company's proposed acquisitions, along with general working capital ahead of a planned capital raise associated with those acquisitions, the filing added.

ASX:WEC

Asia6d ago

GDI Property Group Extends Tranche A Maturity of Syndicated Facility

GDI Property Group (ASX:GDI) extended the maturity date of tranche A of its syndicated facility by two years to February 2029 from February 2027, while the maturity date of tranche B and all other material terms and conditions remain unchanged, according to an Australian bourse filing on Tuesday after market hours.The facility has a total limit of AU$421.5 million, evenly split between tranche A and tranche B, with AU$343.3 million currently drawn, the filing added.

ASX:GDI

Asia6d ago

Virtual Mind Eyes 3 Million Yuan Investment in Football Team Operator

Apparel maker Virtual Mind (HKG:1520) signed a letter of intent with Shenzhen Xiaowan Sports Culture to invest 3 million yuan in the latter, according to a Tuesday Hong Kong bourse filing.The investment will be through a capital injection and will represent at least 34% equity interest in the target.Shenzhen Xiaowan Sports Culture is the legal entity and sole initiator of the Hunanese Football Team in the Greater Bay Area.The company believes the parties can jointly create a sports IP belonging to the Hunanese in the Greater Bay Area through the investment, by collaborating with the company's other sports IPs.

HKG:1520

Asia6d ago

Kinsus Interconnect Technology's Profit Surges 99% in Q1

Kinsus Interconnect Technology (TPE:3189) recorded an attributable profit of NT$549 million in the first quarter of 2026, up 99% from a year prior, according to a Tuesday Taiwan bourse filing.EPS stood at NT$1.17 for the three months, while revenue jumped 29% to NT$11.1 billion.The tech firm did not provide comparable year-ago figures.

TPE:3189

Asia6d ago

Kingmaker Footwear Unit to Sell China Property

Kingmaker Footwear (HKG:1170) unit Maystar Footwear agreed to sell a property in China to Zhuhai Ruiyuan Cultural Communications for 50 million yuan, according to a Tuesday Hong Kong bourse filing.The property comprises Blocks A, B and C in No. 1 Cuizhu Street in Guangdong Province, China. The seller currently leases factory premises on the property to Zhuhai Ruiyuan Cultural Communications.The footwear manufacturer will use proceeds for general working capital.

HKG:1170

Asia6d ago

Zhongsheng Pharma's Unit Gets Patent From Japan for the Ketoamide-Inducing Method for Leritrelvir Tablets

Guangdong Zhongsheng Pharmaceutical's (SHE:002317) unit, Guangdong Zhong Sheng Ruichuang Biotechnology, received a patent certificate from Japan for a ketoamide inducing method, according to a Tuesday disclosure on the Shenzhen bourse.The 20-year patent is for the crystal form of a ketoamide derivative and preparation method, which is for the company's oral anti-COVID-19 drug Leritrelvir Tablets, with the brand name Leruiling.Shares of the pharmaceutical company closed 3% higher.

SHE:002317

Asia6d ago

China Carbon Neutral Development's Shareholder Boosts Stake

China Carbon Neutral Development Group's (HKG:1372) substantial shareholder Sha Tao acquired an additional 109,000 ordinary shares in the company, according to a Tuesday Hong Kong bourse filing.The shares, representing around 0.01% of the company's issued share capital, were purchased from the open market at HK$0.90 apiece.Following the acquisition, Sha holds a little over 162.4 million, or 16.56%, shares in the civil engineering company.

HKG:1372

Asia7d ago

I-CABLE Communications Proposes Name Change

I-CABLE Communications (HKG:1097) is proposing to change its English name to CTF Media & Entertainment, alongside a change in its Chinese name, according to a Tuesday Hong Kong bourse filing.The name change is subject to the relevant shareholder and regulatory approvals.The company believes the new name will give it a refined corporate image and identity, boosting its business development.

HKG:1097

Asia7d ago

Wai Chun Warns of Wider Full-Year Loss

Wai Chun (HKG:1013) expects a net loss of at least HK$40 million for the year ended March 31, wider than HK$10.3 million a year prior, according to a Tuesday Hong Kong bourse filing.The mobile phone and electronic component maker attributed the forecast to the absence of a gain on the modification of certain convertible bonds as was seen in the year-ago period.

HKG:1013

Asia7d ago

Hanison Construction Warns of Wider Full-Year Loss

Hanison Construction (HKG:0896) expects a loss of between HK$880 million and HK$900 million for the year ended March 31, wider than HK$295.3 million a year prior, according to a Tuesday Hong Kong bourse filing.The construction engineering company attributed the forecast mainly to a net loss on the disposal of a hotel, The Connaught, as well as a net revaluation loss on properties held by the company.

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