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Zicom Group Issues Shares for Executive Bonus

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Zicom Group Issues Shares for Executive Bonus

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Zicom Group Limited ( (AU:ZGL) ) has shared an update.

Zicom Group Limited has announced the issuance of 1,020,200 fully paid ordinary shares as part of a performance bonus conversion for Mr. Giok Lak Sim, under his service agreement. This move, approved by shareholders, reflects the company’s commitment to aligning executive compensation with performance outcomes, potentially impacting its market perception and stakeholder relations.

The most recent analyst rating on (AU:ZGL) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Zicom Group Limited stock, see the AU:ZGL Stock Forecast page.

More about Zicom Group Limited

Average Trading Volume: 50,755

Technical Sentiment Signal: Buy

Current Market Cap: A$32.18M

For a thorough assessment of ZGL stock, go to TipRanks’ Stock Analysis page.

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