ASX Briefs...everything...in three bullet points

X2M CONNECT LIMITED (ASX: X2M)

X2M Connect has signed three new contracts with LianQing in China valued at approximately A$1.8 million.
The contracts involve the acquisition of water quality sensor hardware and indicate momentum in X2M's China business.
These contracts are part of X2M's growth strategy to establish a business base in China and are expected to impact customer growth and margin metrics positively over time.

2023-03-27 09:10:00

Ms. Jodie Leonard resigns as Director of X2M effective from 17 March 2023.
Ms. Leonard was appointed by the Board to Chair the Company’s Remuneration Committee.
Mr. Mohan Jesudason appointed to the Company’s Board as Managing Director.

2023-03-17 16:05:00

Australian IoT company X2M Connect secures new contracts in South Korea worth approximately $0.8 million.
The Korea Water Resources Corporation (K Water) Jeonju branch extends its contract for remote water monitoring from 20,278 households to 25,564 households, increasing the total value of the contract by $575k to approximately $3.1 million.
X2M also secures "follow on contracts" for SaaS and maintenance from Bucheon, Dangjin, Gimje, and Okcheon worth a total of $0.2 million for the 2023 calendar year.

2023-03-14 08:40:00