EPI (HKG:0689) unit EPI ESG Investment (New Zealand) agreed to grant a NZ$3.1 million loan facility to Ling Fan, according to a Friday filing with the Hong Kong bourse.
The loan has an interest rate of 6% per annum and will fall due in six months.
A first mortgage for certain lands and properties in Auckland, New Zealand, was pledged as collateral against the loan.
Jubilant Pharmova (NSE:JUBLPHARMA, BOM:530019) Chief Financial Officer Arun Kumar Sharma stepped down Friday, with Ashish Mukkirwar to take on the role from the next day.The pharmaceutical company said in a filing with the Indian bourses that the outgoing CFO moved to a new role as adviser to the chairmen.
Voting to ratify the pay deal agreement to avert an 18-day strike at Samsung Electronics (KRX:005930) started Friday, Reuters reported the same day.Samsung Electronics Labor Union was quoted as saying that 32,882 of 57,290 eligible union members have voted, while other unions such as National Samsung Electronics Union and Samsung Electronics Co. Union have voiced plans to oppose the deal.The report noted that the deal, which includes major bonuses for Samsung's memory chip workers, will need to be approved by a simple majority of eligible union members to take effect.Samsung, the shares of which fell over 2% at market close, did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Pico Far East (HKG:0752) granted a little over 7.1 million share options to various directors and employees under a 2022 incentive scheme, according to a Friday filing with the Hong Kong bourse.The options are exercisable into the same number of shares in the firm at HK$2.316 apiece.Of the total, nearly 5.7 million options were granted to three executive directors, with the remaining 1.5 million offered to other employees.The firm now has 91.2 million shares available for future grant under the scheme.