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Adrad Holdings Limited (ASX:AHL)

ALERT: Price-sensitive ASX Announcement for AHL
Current share price for AHL : $1.500 0.195 (14.94%)+
Announcement
Release
13 Jul 2026 8:45AM
Price at Release
$1.305
Full Release
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Summary
Adrad Holdings Limited has approved a $3 million expansion of its Thailand manufacturing operations to support the growth of its Heat Transfer Solutions (HTS) business. The expansion will add a new 4,000 square metre factory, adjacent to the existing facility, and is expected to enhance production capacity for the data centre and coil product markets, among others. Construction is set to begin in July 2026, with completion expected by July 2027. This project will allow Adrad to consolidate its operations in Thailand, achieve operational efficiencies, and potentially broaden its product offerings in aluminium manufacturing and mining sector cooling applications. The expansion will be entirely funded by Adrad's existing cash reserves.
Key Points
  • Adrad Holdings Limited announces a $3 million expansion in Thailand.
  • The expansion includes a new factory adjacent to the existing facility.
  • The new factory will add 4,000 square metres of space.
  • Construction is planned to start in July 2026 and finish by July 2027.
  • Expansion is to support Heat Transfer Solutions business growth.
  • The expansion will provide additional capacity for data centres and coil products.
  • It aims to consolidate operations for cost savings and efficiency.
  • Adrad sees increased demand in aluminium manufacturing and mining cooling.
  • The project is funded from existing cash reserves.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.