Aankondiging • Mar 28
I Synergy Group Limited, Annual General Meeting, May 29, 2026 I Synergy Group Limited, Annual General Meeting, May 29, 2026. Aankondiging • Jun 04
I Synergy Group Limited has filed a Follow-on Equity Offering in the amount of AUD 1.00146 million. I Synergy Group Limited has filed a Follow-on Equity Offering in the amount of AUD 1.00146 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,001,460,216
Price\Range: AUD 0.001
Discount Per Security: AUD 0.00003
Transaction Features: Rights Offering Aankondiging • Mar 27
I Synergy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.09 million. I Synergy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.09 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,500,000
Price\Range: AUD 0.004
Transaction Features: Subsequent Direct Listing Aankondiging • Mar 18
I Synergy Group Limited Announces Appointment of Jee Meng Heng as Managing Director I Synergy Group Limited announced the appointment of Jee Meng Heng as Managing Director. Commencement Date: 18 March 2025. Term: 3 years from the Commencement Date and thereafter for such period as the Company may decide. Termination: Subject to termination by either party by giving to the other party 6 months' notice in writing. Aankondiging • Jan 24
I Synergy Group Limited Announces Board Appointments The Board of I Synergy Group Limited advised that Mr. Joshua Hunt has resigned as a director of the Company on 24 January 2025, and the Board has appoint Mr. Jiayi Yu as a Non-Executive Director of the Company, effective 24
January 2025. The Board thanks Mr. Hunt for his valued contributions and services to the Company and wish him all the best for his future appointments and endeavours. Aankondiging • Jan 02
I Synergy Group Limited Announces Company Secretary Changes The Board of I Synergy Group Limited advised that Mr. James Barrie has resigned as Company Secretary with immediate effect, and the Board has appointed Ms. Louisa Ho as the incoming Company Secretary, effective 31 December 2024. Ms. Ho is a practising corporate lawyer and has extensive experience working with ASX listed companies in corporate compliance and governance. The Board thanks Mr. Barrie for his valued contributions and services to the Company and wish him all the best for his future appointments and endeavours. Mr. Barrie will remain available to provide support during this transition period. Aankondiging • Nov 29
I Synergy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.1 million. I Synergy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.005
Transaction Features: Subsequent Direct Listing Aankondiging • May 03
I Synergy Group Limited, Annual General Meeting, May 31, 2024 I Synergy Group Limited, Annual General Meeting, May 31, 2024, at 13:00 AUS Eastern Standard Time. Location: Level 6, 99 William Street, Melbourne Victoria Australia Agenda: To consider adoption of remuneration report; to consider election of director Dato Hoo Voo Him; to consider election of director Deeick De Souza; to consider ratification of prior issue of shares; to consider issue of shares to a director in lieu of director fees Joshua Hunt; to consider issue of shares to a director fees Derrick De Souza; and to consider approval of 7.1A mandate. New Risk • Apr 26
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$2.4m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-AU$2.4m). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (AU$1.0m revenue, or US$682k). Market cap is less than US$10m (AU$1.52m market cap, or US$993.3k). Minor Risks Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Significant insider selling over the past 3 months (AU$1.4m sold). Board Change • Apr 26
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Derrick de Souza is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Josh Hunt was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Apr 23
I Synergy Group Limited announced that it has received AUD 0.7 million in funding On April 22, 2024, I Synergy Group Limited closed the transaction. The company amended the terms of the transaction and issued 7 convertible notes at a price of $100,000 per convertible note for the gross proceeds of $700,000 to sophisticated investors. Aankondiging • Jan 30
I Synergy Group Limited announced that it expects to receive AUD 10 million in funding I Synergy Group Limited announced that it has entered into a Convertible Note Agreement with new investor VGI Vmall Limited to issue a convertible note at a price of AUD 10,000,000 for the gross proceeds of AUD 10,000,000 on January 30, 2024. The drawdowns can be made within 12 months of shareholder approval at the Meeting. Drawdown within 3 months from the date of shareholder approval at the meeting. The note carry interest at 2% per annum on each drawdown. The note is convertible into ordinary shares of the company based on the 15-day VWAP of the shares immediately prior to conversion The shares issued upon conversion will be subject to voluntary escrow for 90-days following allotment. The transaction is subject to shareholder approval at an upcoming General Meeting. Aankondiging • Dec 05
I Synergy Group Limited Announces Appointment of Jee Meng (Anson) Heng as an Alternate Director I Synergy Group Limited advises it has resolved to appoint Jee Meng (Anson) Heng as an alternate director to Dato' Victor Hoo. Anson is the Chief Operating Officer at VCI Global and brings over 15 years' experience in the IT sector. With a strong background in IT and e-commerce, he previously established Vmall Enterprise, a luxury e-commerce platform, and prior IT roles include as Group IT Manager at Computer Form Berhad, a publicly listed company on the Malaysia Bursa, and as IT Business Intermediate Analyst Application Manager at Citibank Berhad in Malaysia. Aankondiging • Nov 19
I Synergy Group Limited Appoints Hoo Voon Him as Director, Effective from 17 November 2023 I Synergy Group Limited appointed Hoo Voon Him as Director, effective from 17 November 2023. Aankondiging • Nov 18
I Synergy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.18 million. I Synergy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.18 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,000,000
Price\Range: AUD 0.012
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 17
I Synergy Group Limited Appoints Dato' Victor Hoo to Its Board of Directors The Board of I Synergy Group Limited to confirm the appointment of Dato' Victor Hoo to its Board of directors effective immediately, following completion of Dato' Victor's investment in the Company. Dato' Victor is a board member, venture capitalist, investor, corporate advisor, and a senior management executive with more than 20 years of experience working across continents (Asia, Australia, Europe, UK, and US), managing portfolios across diverse industries such as information technology (IT), finance, education, and real estate. As the Executive Chairman of VCI Global Limited, Dato' Victor has been actively involved in a myriad of capital market and technology-improvement-related deals. His credentials include advisory roles in real estate, human capital management, hospitality, education, cleantech, fintech, and robotics companies. Dato' Victor Hoo is currently managing a portfolio encompassing over 40 Malaysian public listed companies with a combined market capitalisation of approximately USD 13 billion. Dato' Victor graduated from the University of Queensland, Australia with a Bachelor of Arts in International Relations and Japanese in 2002. Subsequently, he obtained a Postgraduate Diploma in Laws (Commercial and Corporate Law) and a Certificate in Laws (Banking and Finance Law) from the University of London in 2010. Aankondiging • Nov 16
I Synergy Group Limited has filed a Follow-on Equity Offering in the amount of AUD 0.18 million. I Synergy Group Limited has filed a Follow-on Equity Offering in the amount of AUD 0.18 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,000,000
Price\Range: AUD 0.012
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 27
I Synergy Group Limited Announces Resignation of Shah Mohammad Ali as Chief Executive Officer, Effective 5 October 2023 The Board of I Synergy Group Limited announced that Mr. Shah Mohammad Ali has tendered his resignation as the Chief Executive Officer of the Company. He will remain in the role until 5 October 2023. In the interim, with support from the Board, Mr. Dato' Lawrence Teo in his existing capacity as Executive Chair will assume CEO responsibilities with no change to his existing remuneration. Mr. Shah has advised his resignation is a decision related to his desire to focus on other priorities. Aankondiging • Sep 15
I Synergy Group Limited Announces Change of Company Secretary I Synergy Group Limited advised of the resignation of Mr. Harry Miller as Company Secretary with effect from 15 September 2023. Mr. James Barrie has been appointed as Company Secretary, also effective from 15 September 2023. Mr. Barrie is a professional Company Secretary and Director, and the Board welcomes his input moving forward. Aankondiging • Jul 04
I Synergy Group Limited Appoints Tony Hoo as the Chief Financial Officer I Synergy Group Limited announced the appointment of Mr. Tony Hoo as the Chief Financial Officer of the Company, effective today, 3 July 2023. Mr. Tony Hoo is a highly experienced CFO with expertise in financial leadership and management, corporate governance, corporate mergers and acquisitions as well as investor relations. He has over 20 years of experience in financial control, predominantly with public listed companies in Malaysia, and has worked in the Kingdom of Saudi Arabia. He is a Chartered Accountant and holds an MBA, with a major in e-commerce. Aankondiging • May 17
An unknown buyer acquired a 9.01% stake in I Synergy Group Limited (ASX:IS3) from Dato Teo Chee Hong. An unknown buyer acquired a 9.01% stake in I Synergy Group Limited (ASX:IS3) from Dato Teo Chee Hong on May 15, 2023. An unknown buyer completed the acquisition of a 9.01% stake in I Synergy Group Limited (ASX:IS3) from Dato Teo Chee Hong on May 15, 2023. Aankondiging • Feb 09
I Synergy Group Limited Announces Appointment of Dato Chee Hong Teo as Director I Synergy Group Limited announced the appointment of Mr. Dato Chee Hong Teo as Director, date of appointment is February 2, 2023. Board Change • Aug 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Josh Hunt was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Josh Hunt was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Josh Hunt was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Kevin Coutinho was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 