NZX's SuperLife escalates Energy Mad holding to 45.6% amid rights issue, channelling £2.2M to aid LED strategy.
NZX's Smartshares unit, which is being combined with new acquisition Superlife this year, is launching three more exchange traded funds, giving invest.
Wellington Drive Technologies, the unprofitable manufacturer of energy efficient motors, widened its annual loss as sales dropped 35 percent.
Energy Mad aims to secure £2.24m for expansion, offering shareholders cut-rate rights issue amid growth plans.
NZX, which made its biggest-ever acquisition by buying funds manager SuperLife in 2014, posted annual profit growth of 8.3%.
SuperLife, the funds management firm acquired by NZX in December, may end up with a controlling stake in unprofitable lightbulb maker Energy Mad af.
NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, will launch two new exchange traded funds giving investor.
