TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from FOS Capital Ltd ( (AU:FOS) ) is now available.
FOS Capital Ltd has issued a notice under Section 708A(5)(e) of the Corporations Act regarding the issuance of ordinary shares. These shares were issued to facilitate the acquisition of Glowing Structures and street lighting business assets from Traffic Technologies Ltd, as well as to support an employee incentive program. This strategic move is expected to strengthen FOS Capital’s operational capabilities and market presence, particularly in the street lighting sector.
More about FOS Capital Ltd
FOS Capital Ltd operates in the lighting industry, focusing on the provision of lighting solutions and related services. The company is involved in the acquisition and development of lighting businesses and assets, aiming to enhance its market position and expand its offerings.
Average Trading Volume: 33,075
Technical Sentiment Signal: Buy
Learn more about FOS stock on TipRanks’ Stock Analysis page.