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I Synergy Group Acquires Full Ownership of Dormant Subsidiary

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I Synergy Group Acquires Full Ownership of Dormant Subsidiary

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I Synergy Group Ltd. ( (AU:IS3) ) has shared an update.

I Synergy Group Limited has received a request from Beyond Affluence Ltd to transfer its 30% shareholding in I Synergy Universal Sdn Bhd, a dormant subsidiary, for a nominal sum of one Malaysian Ringgit. This transaction will result in I Synergy owning 100% of the subsidiary, which holds no material assets or liabilities and conducts no commercial activity, and is not expected to impact the company’s financial or operational standing.

More about I Synergy Group Ltd.

I Synergy Group Limited is a technology-driven company that has evolved from its affiliate marketing roots to explore new growth and innovation opportunities. The company is focused on assessing new markets and business strategies to enhance its role in the digital economy.

Average Trading Volume: 19,264,254

Technical Sentiment Signal: Sell

Current Market Cap: A$18.77M

Learn more about IS3 stock on TipRanks’ Stock Analysis page.

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