Company Overview
Supply of cloud-based solutions, managed services and network services, Operation of fibre and wireless infrastructure and management of cloud computing environment, operation of data centre facilities and supply of domain name registrations and renewals, website and email hosting, website development, search engine marketing and social advertising campaigns for businesses in Australia and New Zealand.
| Website | www.5Gnetworks.com.au |
|---|---|
| Head Office | Melbourne VIC |
| Registry | Link Market Services Ltd |
| CEO | Joseph Demase |
| Chair Person | Albert Cheok |
| GICS Industry | Telecommunication Services |
| Sub Industry | Alternative Carriers |
| Sector | Communication Services |
| Market Cap | $114 m |
|---|---|
| Shares on Issue | 120 m |
| Status | Trading |
| Last Price | |
| Change | |
| 52 Week H/L | |
| VWAP | |
| Bid/Ask |
Directors and Management
Mr Joseph Demase
Managing Director 15/04/2013
Mr Demase has experience in the telecommunications sector amongst both the Australian and UK divisions, along with over 25 years of business experience. He is Member of Risk Committee.
BBus (acc) Male
Mr Albert Saychuan Cheok
Non-Executive Chairman,Non-Executive Director 29/06/2017
Mr Cheok was an Advisor to the Australian Government Inquiry into the Australian Financial System (Campbell Inquiry). He was the Chief Manager at the Reserve Bank of Australia from October 1988 to September 1989 before becoming the Deputy Commissioner of Banking in Hong Kong for three and half years. He was appointed as the Executive Director in charge of Banking Supervision at the Hong Kong Monetary Authority from April 1993 to May 1995. Mr Cheok was the Chairman of Bangkok Bank Berhad in Malaysia from September 1995 to November 2005. Mr Cheok is personal investment banker and financial adviser to select clients throughout Asia-Pacific. He has been involved in several mergers and acquisitions, asset acquisitions, corporate re-structuring, corporate strategies, brand image and building and private fund management projects. His other current directorships include Chairman of Supermax Corporation Berhad (Malaysia), Director of China Aircraft Leasing Group Holdings Limited (Hong Kong) and Chairman of Amplefield Limited (Singapore). He is Member of Risk Committee.
Grad (Hons, Eco), FCPA Banker Male
Mr Jason Ashton
Non-Executive Director 09/10/2019
Mr Ashton has more than 25 years of experience in the Internet and Telecommunications industries. Jason was co-founder (1993) and Managing Director of business ISP Magna Data which was acquired in 1999. Jason Ashton served as an Executive Director at Superloop from 2016 to 2018.
B.Sc, M. Comm Male
Mr Joseph Gangi
Non-Executive Director 29/06/2017
Mr Gangi has over 30 years experience in corporate management and governance. He is a member of the RMIT University, Engineering Faculty, Industry Advisory Committee and is an advisor to several private sector boards. He also provides strategic planning and consulting services to the Local Government sector. He has experience in business management and leadership and on business sustainability, growth and development, strategic and client relationship management and risk management. He is Chair of Risk Committee.
Deg (chem Eng), MBA, GAICD, CPE, NPER Male
Top 20 Shareholders
| Name | Shares | % | |
|---|---|---|---|
| 1. | JD Management Group Pty Ltd | 18,700,000 | 20.49 |
| 2. | liSBC Custody Nominees (Australia) Limited | 4,095,562 | 4.49 |
| 3. | Citicorp Nominees Pty Limited | 3,581,159 | 3.92 |
| 4. | National Nominees Limited | 2,377,223 | 2.61 |
| 5. | Pacific Custodians Pty Limited | 2,364,549 | 2.61 |
| 6. | Albert Saychuan Cheok & Eric Victor Cheok | 2,172,944 | 2.38 |
| 7. | CS Fourth Nominees Pty Limited | 2,046,053 | 2.34 |
| 8. | Garry White | 1,400,000 | 1.53 |
| 9. | Merrill Lynch (Australia) Nominees Pty Limited | 1,018,006 | 1.12 |
| 10. | Daneila Dona Gangi & Giuseppe Gangi | 936,656 | 1.03 |
| 11. | BNP Paribas Noms Pty Ltd | 839,651 | 0.92 |
| 12. | Pac Equities Pty Ltd | 730,102 | 0.80 |
| 13. | J P Morgan Nominees Australia Ply Limited | 568,290 | 0.62 |
| 14. | Janene Investments Pty Ltd | 505,457 | 0.55 |
| 15. | Brispot Nominees Pty Ltd | 444,275 | 0.49 |
| 16. | Demase Enterprises Pty Ltd | 442,260 | 0.48 |
| 17. | TH Investco Pty Ltd | 416,667 | 0.46 |
| 18. | Neweconomy Corn Au Nominees Pty Limited | 390,380 | 0.43 |
| 19. | Mr Gianni Andrea Verrocchi & Mrs Deanne Joselyn Verrocchi | 386,656 | 0.42 |
| 20. | Bnp Paribas Nominees Pty Ltd | 366,665 | 0.40 |
Director Transactions
| Date | Name | Qty | Value | Direction | Notes |
|---|---|---|---|---|---|
| 14/09/2021 | Albert Cheok | 900,000 | $620,000 | Issued | Exercise of options. There is no transaction reported for exercise of options. |
| 14/09/2021 | Jason Ashton | 2,000,000 | $1,600,000 | Issued | Exercise of options. |
| 14/09/2021 | Jason Ashton | 2,000,000 | $1,600,000 | Exercise | Exercise of options. |
| 14/09/2021 | Joseph Gangi | 400,000 | $320,000 | Issued | Exercise of options. There is no transaction reported for exercise of options. |
| 16/02/2021 | Albert Cheok | 694 | $1,000 | Issued | Issued under employee share plan. |
| 16/02/2021 | Joseph Gangi | 694 | $1,000 | Issued | Issued under employee share plan. |
| 16/02/2021 | Jason Ashton | 694 | $1,000 | Issued | Issued under employee share plan. |
| 16/02/2021 | Joseph Demase | 694 | $1,000 | Issued | Issued under employee share plan. |
| 25/11/2020 | Joseph Demase | 2,000,000 | $1,200,000 | Buy | Conversion of securities. As per announcement on 25/11/2020. There is no transaction reported for Exercise of Performance Rights |
| 16/10/2020 | Joseph Demase | 2,872 | $4,423 | Issued | Dividend Reinvestment Plan (DRP). |
| 16/10/2020 | Albert Cheok | 17,021 | $26,212 | Issued | Dividend Reinvestment Plan (DRP). |
| 16/10/2020 | Joseph Gangi | 7,509 | $11,564 | Issued | Dividend Reinvestment Plan (DRP). |