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HSC Technology Group Ltd. ( (AU:TAL) ) has issued an update.
Talius Group Limited has acknowledged a breach of ASX Listing Rules 10.11 and 14.7 due to an administrative oversight in the issuance of Performance Rights to an entity associated with its Managing Director, Mr. Graham Russell. In response, Talius has engaged with the ASX to propose a remediation plan, which includes canceling the issued Performance Rights and obtaining subsequent shareholder approval for future issuances. The company emphasizes its commitment to corporate governance and regulatory compliance, implementing measures to prevent future breaches.
More about HSC Technology Group Ltd.
Talius Group Limited provides technology-enabled care solutions for the aged and disability sectors, focusing on retirement living, residential aged care, and community settings. Their SaaS data analytics platform, Talius Smart Care, integrates smart sensors and AI to enhance care delivery, promoting autonomy and dignity for residents.
Average Trading Volume: 83,161
Technical Sentiment Signal: Sell
Current Market Cap: A$19.21M
See more data about TAL stock on TipRanks’ Stock Analysis page.