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Simonds Group Ltd Appoints Former Housing Minister as Independent Director

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Simonds Group Ltd Appoints Former Housing Minister as Independent Director

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Simonds Group Ltd. ( (AU:SIO) ) has issued an update.

Simonds Group Ltd has appointed the Hon. Michael Sukkar as an Independent Non-Executive Director. With his extensive background as a former Federal Housing Minister and Assistant Treasurer, Mr. Sukkar brings significant expertise in government policy and housing market challenges. This strategic appointment aims to enhance the board’s skill base and independence, positioning Simonds to effectively engage with government bodies and contribute to solutions for Australia’s housing sector challenges.

More about Simonds Group Ltd.

Simonds Group Ltd is a prominent player in the construction industry, primarily focusing on home building. As one of Australia’s oldest and largest home builders, the company is actively involved in addressing the challenges of the housing market.

Average Trading Volume: 25,747

Technical Sentiment Signal: Buy

Current Market Cap: A$61.18M

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

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