Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Outcomes of a Strategic Review

by admin July 10, 2024
July 10, 2024
Outcomes of a Strategic Review

Adisyn Ltd (ASX: AI1) (“Adisyn” or the “Company’) is pleased to announce the following outcomes of the Strategic Review process (ASX: 28 February 2024).

Highlights:

Strategic Review reveals four primary objectives

1. Continue to divest non-core assets

2. Streamline business with focus on AI and Cyber Security

3. Target business development activity towards SME market in the defence industry supply chain

4. Optimise the Company Structure

Significant cost reduction initiatives to continueBoard and Management changesSandton Capital Advisory has been appointed to advise and assist the Board on the Strategic Review outcomes

Board and Management Update

Mr Justin Thomas has resigned from his executive role effective 9 July 2024. Mr Thomas will remain on the Board in a Non-Executive Director capacity and will receive an annual salary of $36,000 plus superannuation.

Mr Liam Gale has resigned from his position as Chief Information Officer effective 31 July 2024, with his current duties absorbed into the existing management team.

Mr Shane Wee said: “On behalf of the Board I would like to acknowledge both Justin and Liam’s significant contribution to the Company. The Board has greatly benefited from their experience and leadership. We extend our sincere thanks to Justin and Liam and wish them well in all their future endeavours.”

Mr Jesper Sentow was appointed interim Chief Financial Officer on 16 June 2023 and has since become an invaluable member of the team. Mr Sentow has agreed to become a permanent part- time Chief Financial Officer effective immediately. Mr Sentow is an experienced finance professional and member of CPA Australia holding an MBA from Macquarie University. With a proven history of building high-performance teams and engaging stakeholders, Mr Sentow brings expertise in commercial decision making, strategic planning, risk management, financial management, IT management and business acquisitions. Previous experience includes prominent finance roles at East Asiatic Company, HSE Mining and Cranecorp, spanning multiple industries.

The Board is further assessing the Board, Advisory Board and Management composition, with a focus on increasing AI experience, and will update the market in respect of any additional changes.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
First Patient Dosed with PD-L1 Nanobody in Phase 1 Therapeutic Non-Small Cell Lung Cancer Trial
next post
Former Obama official defends keeping Biden on ticket: ‘Presidency is more than just one man’

Related Posts

CleanTech Lithium PLC Announces CEOL Update

September 27, 2024

Uranium Boom: Experts See Stock Opportunities as Strong...

February 12, 2025

6 Biggest Crypto-Mining Stocks

February 10, 2025

13 Canadian Crypto ETFs (Updated 2024)

October 18, 2024

Alpha Test Program 6 Continues to Deliver Improved...

April 8, 2025

Uranium Price Update: Q2 2024 in Review

July 25, 2024

Lithium Market Update: Q1 2025 in Review

April 8, 2025

A Guide to Investing in Physical Gold (Updated...

November 2, 2024

A$20 Million Placement to Strategic Partner

June 20, 2025

WGC: Gold Demand Reaches Highest Q1 Level Since...

May 1, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Lagging Mid-cap ETF Hits Moment of Truth

      June 24, 2025
    • The Best Five Sectors, #24

      June 24, 2025
    • This Week’s Earnings Watch: Turnarounds and Momentum Plays

      June 24, 2025
    • AI Stocks Ignite Again—Where Smart Money is Heading Next

      June 24, 2025
    • Iran retaliates with missile attack on US base in Qatar, Pentagon reports no casualties

      June 24, 2025

    Categories

    • Business (994)
    • Investing (2,452)
    • Politics (3,047)
    • Stocks (1,091)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved