News In Brief

Welcome to our ‘News In Brief’ column in which we digest all the news releases for you in no more than five paragraphs.
Below are snippets of all the media releases we received from April 28 till the end of the week.
This article updates throughout the week.

Revo Fitness Boosts Footy

Perth, April 28: Thousands of young footy players across Western Australia are set to benefit from a grassroots boost, with Revo Fitness sponsoring 4,500 footballs for the 2025 junior season through its partnership with WA Football.
“With the junior football season just commencing, we currently have almost 28,000 junior players registered across the Metropolitan area,” WA Football CEO Michael Roberts said.
“This support from Revo Fitness helps us keep pace with this growth and ensures clubs are well equipped heading into the new season.”
Revo Fitness Founder and Managing Director Andrew Holder said, “Junior footy is where the love of sport and fitness begins for a lot of people. If we can help more kids stay active, connected and confident, that’s something we’re proud to stand behind.”
The footballs have arrived in WA and will be distributed to metropolitan junior clubs shortly.

AIZO, TNB Finalise Deal

Kuala Lumpur, April 28: AIZO Group Berhad, formerly known as Minetech Resources Berhad, has formalised its Power Purchase Agreement (PPA) with Tenaga Nasional Berhad (TNB) for the development of a 99.99 MWac Large Scale Solar Photovoltaic (LSS) facility in Kampar, Perak.
Under the agreement, AIZO’s 63 per cent-owned subsidiary, Wawasan Demi Sdn. Bhd. (WDSB), will design, construct, own, operate, and maintain the solar facility, supplying electricity to TNB’s grid. The project, funded through internal resources and/or bank borrowings, is expected to significantly boost AIZO’s long-term earnings and strengthen its renewable energy portfolio.
Dato Abang Abdillah Izzarim, the Executive Chairman of AIZO, said: “This PPA with TNB reflects the strong momentum behind our renewable energy strategy and marks a major achievement for AIZO. The Kampar LSS project stands as a testament to our capability in scaling utility-grade solar infrastructure, and we are proud to support Malaysia’s broader energy transition goals. We remain committed to delivering this project with excellence and look forward to making a lasting contribution to a low-carbon future.”
The project is part of AIZO’s broader strategy for sustainable, diversified growth through investments in high-impact sectors.

Samaiden, TBM Collaborate

Kuala Lumpur, April 28: Samaiden Group Berhad has entered into a strategic collaboration with Tan Boon Ming Sdn. Bhd. (TBM) to promote and deploy solar photovoltaic (PV) systems and smart energy solutions across Malaysia.
TBM, a household name in electronics and home appliances since 1945, will leverage its retail and online platforms to offer sustainable solar PV solutions alongside Samaiden. The partnership initially targets Malaysian homeowners but also extends to commercial and SME sectors through TBM’s business networks.
Group Managing Director of Samaiden, Datuk Ir. Chow Pui Hee, said, “We are excited to collaborate with TBM in bringing clean, affordable, and smart energy solutions directly to households and businesses. This partnership supports Malaysia’s national agenda to increase renewable energy adoption and provides us with a new channel to engage potential customers. By combining Samaiden’s RE expertise with TBM’s consumer reach, we are creating a new pathway to accelerate solar adoption to more users across Malaysia.”
The two-year agreement marks a key milestone for Samaiden, supporting its expansion into residential and small business renewable energy solutions.

Third.i, DREP Partner

Sydney, April 28: Third.i Group has announced a strategic joint venture with Dexus Real Estate Partnership (DREP2) to deliver The Merewether Residences, a $300 million, 178-unit resort-style retirement village at Merewether Golf Club in Newcastle, NSW.
Luke Berry, Director and Co-Founder of Third.i Group, said, “As a joint venture partner, DREP plays a critical role in providing capital funding to support the development, recognising the strength of our expertise in executing large-scale projects in the living sector.”
The luxury over-55s community will feature resort-style amenities, including a health and wellness centre, lap pool, cinema, and new clubhouse. Development approval has been obtained, with enabling works underway. Construction is expected to start later this year and complete by late 2027.
“This partnership with DREP2 reflects Third.i’s reputation and experience as a developer, built on a track record of delivering outstanding projects. We are excited to continue leading the way in creating vibrant residential communities,” Berry added.
Third.i has also secured Section 4.55 approval for an additional level at the development. Decode Group has been appointed builder, with early site works already commenced. The new clubhouse is scheduled to open in late 2026.
The partnership further strengthens Third.i’s $4 billion development pipeline, reinforcing its leadership in residential development across Sydney and Newcastle.

British Airways Joins Pay.com.au

Sydney, April 29: Australian payments and rewards platform pay.com.au has partnered with British Airways and Avios, further expanding its network of airline and hospitality transfer partners. The move offers SMEs greater flexibility to redeem PayRewards Points for travel and other perks. British Airways joins recent additions including Cathay Pacific, Thai Airways, and hotel groups IHG and Marriott Bonvoy.
“Since day one, our mission at pay.com.au has been to build innovative technology that empowers Australian business owners to make payments more rewarding. With over 9 billion PayRewards Points already earned and growing, our network is growing with it, offering more flexibility and choice to SME owners than ever before,” said Edward Alder, Managing Director at pay.com.au.
“Partnering with Avios and British Airways opens up a whole new world of travel rewards, giving our users even more freedom to redeem their hard earned points their way. Business owners work hard for every dollar they earn — so why shouldn’t they be rewarded for every dollar they spend?” Edward concluded.
Rob McDonald, Chief Commercial Officer at IAG Loyalty, added, “We’re proud to partner with pay.com.au to offer even more rewarding opportunities for British Airways customers. This collaboration gives Australia’s business community a powerful way to build travel rewards through everyday spending, deepening their connection to Avios and The British Airways Club, and bringing them closer to their next trip.”

Global X Launches AINF

Sydney, April 30: Global X ETFs has launched Australia’s first Artificial Intelligence Infrastructure ETF (ASX: AINF), offering investors exposure to the foundational sectors supporting AI’s rapid expansion, including data centres, energy providers, and materials companies.
“AI infrastructure refers to the raw materials, power grids, and data centres supporting AI. These sectors are a vital, but often overlooked, part of the AI value chain,” said Billy Leung, Senior Investment Strategist at Global X. “There’s been significant underinvestment in these areas, creating bottlenecks that investors can now target.”
Global data centre spending is expected to surpass US$2 trillion by 2030, with AI projected to consume up to 4% of global electricity within five years. Key resources like copper and uranium are also experiencing rising demand.
“AI isn’t just a digital story anymore — it’s a physical one. Massive new infrastructure is needed to power and sustain it,” Leung said. “AINF gives investors a way to access this emerging growth engine by investing in the companies building the future of AI.”
AI-focused ETFs in Australia have attracted nearly $90 million over the past year, with Global X’s AI suite drawing $775 million globally in 2025 alone. AINF joins existing ETFs like GXAI, SEMI, ROBO, BUGG, ATOM, and WIRE in the largest AI ETF range in Australia.
“Given the scale of the AI buildout underway, we anticipate AINF could attract $50 million within its first year, with broader AI ETF flows expected to exceed $80 million,” Leung added.
“As the AI revolution enters its next phase, we believe investors can capture opportunity by looking beyond just tech stocks to the infrastructure enabling it. With AINF, they now have a purpose-built way to do just that,” said Leung.