Frugl Group Limited (AU:FGL) has released an update.
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Frugl Group Limited has successfully completed its share consolidation, converting every 15 shares into 1 share and similarly consolidating options, as approved in a recent general meeting. The company, which specializes in retail intelligence and data analytics for retail platforms, has updated its capital structure and dispatched new holding statements to its security holders. This strategic move aims to streamline Frugl’s capital and enhance its appeal to investors.
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