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FOS Capital Ltd ( (AU:FOS) ) just unveiled an update.
FOS Capital Ltd has announced the issuance of new ordinary shares to facilitate the acquisition of Glowing Structures and street lighting business assets from Traffic Technologies Ltd. This strategic move is aimed at expanding its operational capabilities and market reach, while also incentivizing employees through an employee incentive program.
More about FOS Capital Ltd
FOS Capital Ltd operates in the lighting industry, focusing on providing innovative lighting solutions. The company is involved in the acquisition and development of lighting businesses and assets, aiming to enhance its market presence and product offerings.
Average Trading Volume: 33,075
Technical Sentiment Signal: Buy
Learn more about FOS stock on TipRanks’ Stock Analysis page.