South Korean educational robots and drones manufacturer Alux (KOSDAQ:475580) extended a 12 billion won loan to its subsidiary, iFab, according to a filing with the Korea Exchange on Friday.
The loan will be used to acquire shares in other corporations and for business operations, the filing said.
The loan period is from June 11, 2026, to June 10, 2027. The loan amount is equivalent to 26.38% of iFab's total equity capital, it said.
Spark New Zealand (NZE:SPK, ASX:SPK) launched Verified Call, a feature that helps customers identify legitimate Spark calls by displaying the company's name, logo, a verified badge, and reason for calling on the mobile phone screen before picking up, according to a Thursday statement from the company.The company said Verified Call works by sending a notification to the Spark app just before the call connects, allowing Spark's verified branding and call intent to appear on the customer's screen while the phone is ringing and during the call."We're also exploring how this capability could be extended more broadly across other organizations, as part of a wider, coordinated approach to strengthening trust in phone communications," said Ross Dickson, Spark Fraud lead.The company's New Zealand shares rose past 1% in recent Friday trade.
Ola Electric Mobility (NSE:OLAELEC, BOM:544225) has raised around 7.80 billion Indian rupees through a qualified institutions placement (QIP), according to a Thursday filing to the Indian stock exchanges.The electric vehicles manufacturer allotted around 217.6 million equity shares of face value of 10 rupees each to eligible qualified institutional buyers at an issue price of 35.86 rupees per equity share, including a premium of 25.86 rupees.The company said the issue opened on June 1 and closed on June 4.Following the allotment of shares, the paid-up equity share capital of the company has increased to 46.3 billion rupees, comprising 4.63 billion equity shares of face value of 10 rupees each, from 44.1 billion rupees, comprising 4.41 billion equity shares of face value of 10 rupees each.
Lendlease Global Commercial REIT (SGX:JYEU) has fully redeemed SG$200 million worth of 4.20% subordinated perpetual securities on Thursday, June 4, according to a same-day filing with the Singapore Exchange.The securities will now be canceled and delisted from the Singapore Exchange, the filing added.