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Zimi Limited (ASX:ZMM)

ALERT: Price-sensitive ASX Announcement for ZMM
Current share price for ZMM : $0.003 -0.002 (-40%)+
Announcement
Release
19 Feb 2026 9:38AM
Price at Release
$0.005
Full Release
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Summary
Zimi Limited has secured a significant project with Homecorp, an Australian developer, to supply smart home devices for 289 apartments at the Cienna Varsity Ridge development in Gold Coast, Australia. The project is valued at $499,004 AUD including GST for product orders and an additional $47,685 AUD for services related to project commissioning. This initiative aligns with Zimi's strategy to capitalize on the growing demand for smart home technology, which is becoming a standard feature in modern residential buildings. The integration of Zimi's smart switches will offer residents enhanced home control through platforms such as Amazon Alexa, Google Assistant, Apple Home, and Samsung SmartThings. Zimi's involvement in the project is part of a broader Distribution Agreement with GSM Electrical (Australia) Pty Ltd, approved by shareholders in 2025.
Key Points
  • Zimi secures a major project with Homecorp for smart home devices.
  • The project is valued at $499,004 AUD including GST for products.
  • Additional services for project commissioning are valued at $47,685 AUD.
  • Zimi's smart home technology will be installed in 289 apartments.
  • Project aligns with growing demand for smart home technology in residential buildings.
  • Residents can control home devices via platforms like Amazon Alexa and Google Assistant.
  • Part of a Distribution Agreement with GSM Electrical, approved in 2025.
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.