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Infocus Group Holdings Limited (ASX:IFG)

ALERT: Price-sensitive ASX Announcement for IFG
Current share price for IFG : $0.006 -0.006 (-50%)+
Announcement
Release
30 Mar 2026 8:22AM
Price at Release
$0.012
Full Release
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Summary
InFocus Group Holdings Limited has announced the receipt of an initial payment of THB 2.45 million (AUD 108,000) from the Thai Government as part of a significant social security infrastructure project. The total value of the contract stands at THB 8.16 million (AUD 360,000) for an initial period of six months. The project is being executed by Prodigy9, a wholly owned subsidiary of InFocus, and involves augmenting the team of IRCP, who originally secured the tender in 2021. Early discussions hint at a substantial expansion in Prodigy9's scope of work, potentially increasing the team size and revenue.
Key Points
  • InFocus Group Holdings Limited received their first payment for a Thai Government infrastructure project.
  • The payment was THB 2.45 million (AUD 108,000).
  • The total contracted revenue for the project is THB 8.16 million (AUD 360,000) over six months.
  • Prodigy9, a subsidiary of InFocus, is collaborating with IRCP for the project.
  • Discussions are ongoing for a potential expansion of Prodigy9's role in the project.
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.