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Frugl Group (ASX: $FGL) to be renamed infocus group limited subject to shareholder approval

Frugl Group (ASX: $FGL) rebrands to InFocus Group Limited and expands services


Frugl Group Limited (ASX: $FGL), soon to be renamed InFocus Group Limited (ASX: $IFG) subject to shareholder approval, is an Australian information technology solutions company specializing in data analytics, digital solutions, software development, and the Australian retail sector. The company has announced its intention to rebrand and expand its services into new markets.

Executive Commentary on Rebranding and Expansion


The company is excited to announce its rebranding as InFocus Group Limited, pending shareholder approval. This strategic move reflects our commitment to evolving and expanding our services to better serve our clients and enter new markets. We are confident that this rebranding will position us for continued growth and success in the future.

Summary of Frugl Group's Expansion and Outlook


Frugl Group Limited (ASX: $FGL) has announced its plans to rebrand as InFocus Group Limited, pending shareholder approval, and expand its services into new markets. The company aims to become a profitable and scalable integrated digital solutions service provider, further expanding beyond retail data analytics towards AI/Machine Learning and other high-growth segments. With a focus on developing long-term client relationships and exploring acquisitive growth opportunities, the company is targeting positive EBITDA within 12 months. Frugl Group's strategic objectives and near-term milestones demonstrate its ambition to achieve sustainable growth and deliver value to its shareholders and clients.

FRUGL GROUP LIMITED
FGL | ASX | Information Technology
0.0550(+0%)
At close 05/07 (AEDT)
Market cap
$5.8M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.3
1YR Return
175%

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