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SPC Global Announces Board Resignation of Dr. Hussein Rifai

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SPC Global Announces Board Resignation of Dr. Hussein Rifai

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An announcement from Food Revolution Group Ltd. ( (AU:SPG) ) is now available.

SPC Global Holdings Ltd announced the resignation of Dr. Hussein Rifai from its Board of Directors, effective immediately. Dr. Rifai, who joined as Executive Chairman in 2019, played a pivotal role in the acquisition and merger of several companies, leading to SPC Global’s relisting on the ASX in December 2024. His leadership was marked by navigating challenges such as COVID-19 and the Victorian floods. The company will adjust its upcoming Annual General Meeting agenda to reflect his departure, highlighting the transition to a new board and management team.

The most recent analyst rating on (AU:SPG) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on Food Revolution Group Ltd. stock, see the AU:SPG Stock Forecast page.

More about Food Revolution Group Ltd.

SPC Global Holdings Ltd is a conglomerate consisting of SPC, The Original Beverage Co, Nature One, and Natural Ingredients. The company focuses on providing nourishment and wellness products globally, including packaged fruit, tomatoes, baked beans, spaghetti, ready-made meals, beverages, juice, wellness shots, powdered milk products, and supplies to the food service industry. With around 800 employees, SPC Global operates in Australia and Asia and aims to expand both domestically and internationally.

Average Trading Volume: 93,268

Technical Sentiment Signal: Sell

Current Market Cap: A$75.26M

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

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