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5G Networks Announces Resignation of Key Director

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5G Networks Announces Resignation of Key Director

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Webcentral Ltd ( (AU:5GN) ) just unveiled an announcement.

5G Networks Limited announced the resignation of Mr. Jason Ashton as an independent director. Mr. Ashton, who has been with the company since November 2019 and played a significant role in its growth and acquisition strategy, has accepted a position at a competitor’s Mergers and Acquisitions department. The company’s Managing Director, Mr. Joe Demase, expressed gratitude for Mr. Ashton’s contributions and wished him success in his future endeavors.

More about Webcentral Ltd

5G Networks Limited (5GN) is an Australian-owned digital services company that empowers over 2,500 corporate clients to grow and thrive online. The company offers a comprehensive portfolio of digital services, including cloud solutions, data networks, data centers, managed IT services, and digital marketing. 5GN operates a high-speed data network with points of presence in major Australian cities, as well as internationally in Singapore, the USA, Hong Kong, and New Zealand. The company also provides managed cloud solutions and services to optimize IT and network environments, supported by its data centers across Melbourne, Sydney, Brisbane, and Adelaide.

YTD Price Performance: -21.25%

Average Trading Volume: 3,614

Technical Sentiment Signal: Strong Buy

Current Market Cap: $24.83M

For an in-depth examination of 5GN stock, go to TipRanks’ Stock Analysis page.

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