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Frugl Group Limited ( (AU:IFG) ) has issued an announcement.
InFocus Group Holdings Limited announced a significant expansion into frontier technologies with the creation of two new strategic business units: InFocus Digital Ventures and InFocus Gaming Technologies. This move is supported by a financing facility from Southeast Asia’s Mythos Group and aims to capitalize on emerging markets in digital assets and iGaming. The company has also formed a Strategic Advisory Board, including industry veterans like John Poynton AO, to guide its strategic direction. Additionally, InFocus has secured two Master Services Agreements in Thailand, potentially generating AUD 1.7 million in revenue, highlighting its operational growth and market penetration.
More about Frugl Group Limited
InFocus Group Holdings Limited is a data analytics and software solutions company that is expanding into frontier technologies. The company focuses on digital assets, artificial intelligence, and big data through its new strategic business units: InFocus Digital Ventures and InFocus Gaming Technologies. These units leverage InFocus’s technical expertise to build scalable businesses in high-growth sectors, including cryptocurrency and iGaming.
Average Trading Volume: 2,671,826
Technical Sentiment Signal: Sell
Current Market Cap: A$4.96M
Learn more about IFG stock on TipRanks’ Stock Analysis page.