Pennant International (GB:PEN) has released an update.
Pennant International Group PLC has been progressing with its investment in proprietary software, releasing the latest version of its equipment configuration management solution, GenS, and targeting an integrated suite launch by year-end. Despite incurring exceptional costs due to aborted corporate activity, the company has quoted on over £32 million in new business, expecting order conversions to materialize in the latter half of the year. Additionally, a board change has been announced with Philip Cotton stepping down as Chair and Ian Dighé taking over the role.
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