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DXN Limited (ASX:DXN)

ALERT: Price-sensitive ASX Announcement for DXN
Current share price for DXN : $0.455 0.325 (250%)+
Announcement
Release
29 Jul 2026 8:30AM
Price at Release
$0.130
Full Release
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Summary
DXN Limited has been awarded a contract worth approximately A$1.2 million by the Solomon Islands Submarine Cable Company Limited for the design, manufacture, delivery, installation, and commissioning of a Cable Landing Station as part of the ACS-1 submarine cable project. This project, backed by the Australian Government, aims to fortify the Pacific infrastructure and improve connectivity in the Solomon Islands, with completion set for April 2027. DXN’s involvement reinforces its capability and credibility in delivering modular infrastructures across the Pacific region.
Key Points
  • DXN Limited secures a contract with SISCC valued at approximately A$1.2 million.
  • The contract involves the design, manufacture, delivery, installation, and commissioning of a Cable Landing Station.
  • The project is part of the Australian Government's ACS-1 submarine cable program.
  • This initiative aims to enhance connectivity in the Solomon Islands and strengthen Pacific infrastructure.
  • The project's completion is scheduled for April 2027.
  • DXN emphasizes its growing credibility as a partner for significant government-backed projects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.