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iCandy Interactive Receives Shareholder Proposal for Board Appointment

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iCandy Interactive Receives Shareholder Proposal for Board Appointment

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iCandy Interactive Ltd ( (AU:ICI) ) has shared an announcement.

iCandy Interactive Limited has received a notice from shareholders holding approximately 5.5% of the company’s issued capital, proposing the appointment of Mr. Dominic Virgara as a director at the upcoming Annual General Meeting. The shareholders believe Mr. Virgara’s extensive experience in corporate finance and governance will enhance the board’s capabilities, aligning with shareholder interests and promoting sustainable long-term value. The company is also working towards reinstating its securities on the Australian Securities Exchange, with plans to convene the 2025 Annual General Meeting after completing the audit of the 2024 financial statements, expected in the first quarter of 2026.

More about iCandy Interactive Ltd

iCandy Interactive Limited is a publicly traded video-game development group listed on the Australian Securities Exchange since 2016. It is one of the largest independent game developers in the Southeast Asian region, with offices in Malaysia, Singapore, and Indonesia. The company has developed over 500 titles across mobile, console, PC, and Web 3.0 platforms and has collaborated with major global video game industry players.

Technical Sentiment Signal: Sell

Current Market Cap: A$20.49M

For detailed information about ICI stock, go to TipRanks’ Stock Analysis page.

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