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RooLife Group Announces Board Change Amid Strategic Expansion

Story Highlights
  • RooLife Group Ltd is expanding from consumer products to high-value industrial and energy goods.
  • Mr. Terence Leung steps down from the board, having contributed to strategic growth.
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RooLife Group Announces Board Change Amid Strategic Expansion

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RooLife Group Ltd. ( (AU:RLG) ) just unveiled an announcement.

RooLife Group Ltd announced a change in its board composition with the resignation of Mr. Terence Leung as a director. Mr. Leung, who served since December 2023, played a key role in the company’s strategic expansion and diversification efforts. His departure comes as the company continues to evolve its business model, broadening its focus to include high-value industrial and energy products. The board and the chairman, Mr. Grant Pestell, expressed gratitude for Mr. Leung’s contributions during a transformative period for the company.

More about RooLife Group Ltd.

RooLife Group Ltd is an e-commerce company focusing on international product distribution, including solar energy products and health supplements under the brand VORA. The company is expanding its market focus from consumer products to high-value goods in the industrial and energy sectors.

Technical Sentiment Signal: Sell

Current Market Cap: A$6.37M

See more data about RLG stock on TipRanks’ Stock Analysis page.

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