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HSC Technology Group Ltd. ( (AU:TAL) ) has issued an update.
Talius Group Limited announced significant developments, including receiving its first purchase order from Wesco Anixter for PERS inventory, which marks a promising start to their partnership. The company is also expanding its global reach through a Memorandum of Understanding with Angsana Investments’ Silvercircle, piloting their healthcare platform in the UK with plans for further European and Singaporean expansion. Additionally, the delay in the Aged Care Act aligns with Talius’s strategic interests, as their products fit well within the new funding model, potentially boosting subscription growth. The company continues to see contract growth and has initiated new pilots, reflecting robust operational momentum.
More about HSC Technology Group Ltd.
Talius Group Limited operates in the assistive technology industry, focusing on providing Personal Emergency Response Systems (PERS) and healthcare platforms. The company targets the home care sector with solutions that include hardware and subscription services, aiming to expand its market presence in Australia, New Zealand, and globally.
Average Trading Volume: 79,091
Technical Sentiment Signal: Sell
Current Market Cap: A$18.64M
For an in-depth examination of TAL stock, go to TipRanks’ Overview page.