SK Reit (KRX:395400) signed a five-year lease agreement for its SK Seorin Building in Seoul with SK Inc (KRX:034730) with an aim to generate rental income, according to a Tuesday filing with the Korea Exchange.
The building has an annual rent of 52.8 billion won, with the lease running from July 2026 to July 2031. The transaction value of the deal stood at 53.8 billion won, which included a 32.7 billion won security deposit, the filing said.
Sky Metals (ASX:SKY) said the New South Wales Department of Planning, Housing and Infrastructure issued environmental assessment requirements for the company's Tallebung tin-silver-tungsten project, according to a Wednesday filing with the Australian bourse.The issuance marks "a significant development milestone" for the project, which is now advancing into the environmental impact statement phase of the state government's approvals process, the company said.Sky Metals said an updated mineral resource estimate and pre‑feasibility study are on track for release in the coming weeks.The company's shares fell 2% in recent Wednesday trade.
Mankind Lifesciences, a wholly-owned subsidiary of Mankind Pharma (NSE:MANKIND, BOM:543904), has acquired the remaining 10% stake it did not already own in Upakarma Ayurveda for 7.50 million Indian rupees, according to a Tuesday filing to the Indian stock exchanges.Mankind Lifesciences already held 90% stake in Upakarma Ayurveda, and has acquired the remaining 10% stake of Upakarma from Kaushcorp Media.Following the acquisition, Upakarma has become a wholly-owned subsidiary of Mankind Lifesciences and a step-down subsidiary of the company.Upakarma sells ayurvedic, herbal, and nutraceutical products.
Amaero International (ASX:3DA) said that the Federal Court of Australia will hear an application on June 10 by Amaero seeking approval of schemes of arrangement proposed by resolutions, which will be considered and potentially passed at the meetings of its members and option holders on Friday, according to a Wednesday Australian bourse filing.Under the schemes of arrangement, Amaero Inc. will acquire 100% of Amaero's issued shares, Amaero option holders will receive options in Amaero Inc. in exchange for the cancellation of their options in Amaero, and Amaero Inc. will become the new ultimate parent company of Amaero and its units, redomiciling the firm to Delaware in the US.The members and option holders seeking to oppose the approval of the proposed schemes of arrangement must file and serve on Amaero a notice of appearance, per the filing.