IPD Director Transfers Shares to Charity

IPD Group Ltd (AU:IPG) has released an update.

In a recent development, IPD Group Limited has announced that its director, Mohamed Yoosuff, has transferred 400,000 of his shares to the Yoosuff Foundation, a charitable organization maintained by his family. While these shares will still be counted as an indirect interest of Mr. Yoosuff, he has retained ownership and not sold any of his shares. IPD emphasizes its commitment to enhancing electrical infrastructure with a focus on energy efficiency and innovation for a sustainable future.

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