Webcentral Ltd (AU:5GN) has released an update.
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5G Networks Limited (5GN) has acquired a significant stake in AuCyber Limited, obtaining 10.74% of the voting power through the purchase of 17,562,221 fully paid ordinary shares. This strategic investment, valued at approximately $1.93 million, marks a substantial move by 5GN in the cybersecurity sector, potentially impacting AuCyber’s market presence.
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