Latest Restructuring News

Minbos Resources has launched a prospectus offering nearly 118 million free attaching options to recent Placement investors, aiming to bolster funding for its Cabinda fertilizer plant amid operational and geopolitical challenges in Angola.

Janus Electric reports strong progress in truck conversions and US export orders while navigating a delay in expected EVUNI investment funding, secured by interim asset-backed financing.

Boom Logistics has appointed Lester Fernandez as its permanent Managing Director and CEO, entrusting him to lead the company through its next phase of growth with a strong focus on safety and operational excellence.

MPR Australia Limited has been suspended from ASX trading following the disposal of its main undertaking, with the exchange citing insufficient ongoing operations to justify continued quotation.

Locate Technologies Limited will be suspended from ASX trading following court approval of a scheme making Locate NZ the new parent company.

Locate Technologies has secured court approval for its scheme of arrangement, marking a pivotal shift as its shares suspend trading on the ASX ahead of a planned delisting and NZX listing.

Intelligent Monitoring Group has agreed to acquire Tyco NZ and Red Wolf for NZD 45 million, significantly boosting its New Zealand presence and FY26 earnings outlook.

Locate Technologies secures court approval to transition its holding company to a newly listed New Zealand entity, marking a significant restructuring and ASX delisting.

St Barbara Limited has locked in A$470 million in funding through strategic partnerships with Lingbao Gold Group and Kumul Mineral Holdings, fully financing the Simberi Gold Project expansion and accelerating its development timeline.

Frontier Digital Ventures is narrowing its focus to core classifieds, cutting loss-making units and revising FY25 earnings guidance to reflect a significant net loss. The company also reveals a potentially dilutive employee share plan in its Latin America subsidiary.

Memphasys Limited has restructured its leadership by eliminating the CEO role to back a direct-selling global commercialisation strategy for its Felix™ System, anticipating imminent CE Mark approval to enter the European IVF market.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.