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iCandy Interactive Ltd ( (AU:ICI) ) has provided an announcement.
iCandy Interactive Ltd has announced an investor webinar and provided updates on its operations and corporate activities. The company has appointed Dharmendra Magasvaran as COO of Lemon Sky Studios, enhancing its operational capabilities. Despite challenging market conditions, Lemon Sky is expanding its business development efforts globally, notably in the USA with the addition of industry veteran Mark Meyers. iCandy is also realigning its subsidiary Appxplore Studios to focus on game conceptualization and monetization strategies, while transitioning development to Lemon Sky. Additionally, iCandy is investigating potential financial misconduct and expects to resume ASX trading after addressing these issues.
More about iCandy Interactive Ltd
iCandy Interactive Ltd is a company operating in the gaming industry, primarily focused on animation and game content through its subsidiary, Lemon Sky Studios. The company is expanding its market presence globally, with a particular focus on North America, Japan, and South Korea.
Technical Sentiment Signal: Sell
Current Market Cap: A$20.49M
See more insights into ICI stock on TipRanks’ Stock Analysis page.