Netlinkz Ltd. Restructures for Stabilization and Growth

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2024.12.18 00:47
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NetLinkz Ltd. (AU:NET) has announced a restructuring plan aimed at stabilizing its business by cutting costs and focusing on its VSN and lawful interception services. The company is receiving extended support from lenders and has formed a new joint venture in the Philippines, while winding down operations in China. Shareholders can anticipate updates on relisting efforts in early 2025.