ZGL zicom group limited

long term little gem

  1. 5,214 Posts.
    lightbulb Created with Sketch. 36
    dont miss this one. Plenty of future growth.



    Zicom Group Limited ABN 62 009 816 871
    39 Aquarium Avenue, PO Box 7138, Hemmant, Queensland 4174 • Tel: (07) 3390 7722
    • Fax: (07) 3390 7962
    7 May 2008
    The Manager,
    Company Announcements Office
    Australian Stock Exchange
    BUSINESS DEVELOPMENTS
    The Group is pleased to announce the following recent business developments :-
    Australia
    New Premises
    Cesco Australia Limited (CAL) has signed a 7 year tenancy agreement for new premises at 38 Goodman
    Place, Murarrie, Queensland, and plans to move into the premises by 31 May 2008. The assembly and
    servicing activities of the company, which are currently housed in two separate premises, will now be
    consolidated under the same premises.
    In July 2007, CAL entered into an agreement to lease a new factory from Viking Limited at Anton Road,
    Hemmant. However, up to now, the Owner has still not been able to obtain local council’s approval.
    Singapore
    New Factory – Deck Machinery
    The new factory of Zicom Holdings Pte Ltd (ZHPL) for the production of heavy duty deck machinery in
    Singapore has been completed and production has already commenced in this factory. The factory is
    intended to expand the group’s capacity and improve productivity in the production of heavy duty deck
    machinery. The factory also houses a new in-house training centre that aims to give continuous structured
    training to its technical and management personnel as part of the group human resource development
    programs.
    New Expanded Premises – Precision Engineering
    Sysmac Automation Engineering Pte Ltd (SAE) has signed a lease for new premises doubling its existing
    production capacity. SAE plans to move to these new premises in July 2008. The new expanded premises
    position SAE to undertake more and bigger turnkey automation projects which its existing premises are
    unable to accommodate.
    Thailand
    Zicom Cesco Engineering Co Ltd, a wholly owned subsidiary of ZHPL, a Thai Board of Investment approved
    project, has recently awarded contracts for the construction of its factory in Thailand. The factory, on a
    freehold site of 20,000m2, is planned as a group’s manufacturing hub for its concrete mixers. Construction
    of the factory is planned to commence this month and is expected to be completed within 8 months.
    G L Sim
    Chairman
 
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Last
14.0¢
Change
-0.010(6.67%)
Mkt cap ! $30.03M
Open High Low Value Volume
15.0¢ 15.0¢ 14.0¢ $740 5K

Buyers (Bids)

No. Vol. Price($)
2 30000 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 46000 1
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Last trade - 15.53pm 11/08/2025 (20 minute delay) ?
ZGL (ASX) Chart
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