5G Networks Ltd (ASX: 5GN) Share Price and News

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5G Networks Ltd (ASX: 5GN)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
17 Sep 2020 $0.0100 100.00% Final 16 Oct 2020
19 Sep 2019 $0.0100 100.00% Final 18 Oct 2019

5GN ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About 5G Networks Ltd

5G Networks Ltd (ASX:5GN) is an Australian telecommunications company specialising in data connectivity, cloud and data centre services and IT managed services.

The company assists its clients to achieve seamless digital experiences through its dark fibre networks, cloud services and data centres. 5G Networks promotes its ability to deliver secure, responsive, and high-speed solutions to connect its customers with their digital infrastructure.

Offering both hardware and software-based solutions, some analysts have pointed to the strong likelihood the company will be able to continue growing its recurring revenue stream well into the future.

5G Networks first listed on the ASX in November 2017. With companies across Australia increasingly moving towards digital transformation and cloud-based solutions, the 5G Networks share price has performed well. As at September 2020, the 5G Networks share price has returned more than 500% to investors since its initial public offering.

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
14 Sep 2021 Albert Cheok Issued 900 $620,000
Exercise of options. There is no transaction reported for exercise of options.
14 Sep 2021 Jason Ashton Issued 2 $1,600,000
Exercise of options.
14 Sep 2021 Jason Ashton Exercise 2 $1,600,000
Exercise of options.
14 Sep 2021 Joseph Gangi Issued 400 $320,000
Exercise of options. There is no transaction reported for exercise of options.
16 Feb 2021 Joseph Gangi Issued 694 $1,000
Issued under employee share plan.
16 Feb 2021 Jason Ashton Issued 694 $1,000
Issued under employee share plan.
16 Feb 2021 Joseph Demase Issued 694 $1,000
Issued under employee share plan.
16 Feb 2021 Albert Cheok Issued 694 $1,000
Issued under employee share plan.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Joseph Demase Managing Director Apr 2013
Mr Demase comes from a background in building a host of businesses, including the completion of two ASX listings in the telecommunications sector. Further to this, Joseph has acquired experience in the telecommunications sector amongst both the Australian and UK divisions, along with over 30 years of business experience, allowing Joseph to skilfully identify market opportunities across the board. Joseph displays an abundance of experience, having succeeded in a broad range of executive positions. Mr Demase is member of Risk Committee. He is Managing Director of Webcentral Group Limited.
Mr Albert Saychuan Cheok Non-Executive ChairmanNon-Executive Director Jun 2017
Mr Cheok has more than 46 years of high-level experience in the banking, financial and corporate sectors in the Asia Pacific region. Mr Cheok was an Advisor to the Australian Government Inquiry into the Australian Financial System (Campbell Inquiry), which introduced comprehensive reforms to the Australian banking system. 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 subsequently 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 was named "the top REIT fund manager in Asia for 2016" by Singaporean Fortune Times magazine. Mr Cheok is a Vice Governor of the Board of Governors of the Malaysian Institute of Corporate Governance. Beyond his various board capacities, Mr Cheok is a well-accomplished personal investment banker and financial adviser to select clients throughout Asia-Pacific. In this capacity he has been involved in several high profile mergers and acquisitions, asset acquisitions, corporate re-structuring, corporate strategies, brand image and building and private fund management projects. He is member of Risk Committee. Other Current Directorships includes Supermax Corporation Berhad (Malaysia) - Chairman, China Aircraft Leasing Group Holdings Limited (Hong Kong) - Director and Amplefield Limited (Singapore) - Chairman. He is former director of Hongkong Chinese Limited and former chairman of MC Payment Limited, International Standards Resources Holdings Limited and Lippo Malls Indonesia Retail Trust Management Limited.
Mr Jason Ashton Non-Executive Director Oct 2019
Mr Ashton has 25 years experience in the Internet and Telecommunications industry. A successful entrepreneur and Executive, Mr Ashton co-founded and built two separate, successful Internet infrastructure businesses - Magna Data Pty Ltd (1993) and BigAir Group Limited ("BigAir" ASX:BGL) (2002).
Mr Joseph Gangi Non-Executive Director Jun 2017
Mr Gangi has over 30 years experience in corporate management and governance in both private and public sectors and has been an independent director of 5G Networks since its IPO in 2017. Joe is also a member of the Industry Advisory Committee to the Faculty of Chemical and Environmental Engineering at RMIT University. In addition, Joe is the Executive Director of a consulting firm that provides technical consulting and project governance advice to both Private and Government clients with specific technical expertise in project management and delivery of complex engineering projects for the Life Sciences and Healthcare sectors. His corporate experience is focused on risk management, an area that he is particularly passionate about, that enables him to offer advice on risk mitigation and business sustainability. He is chairman of Webcentral Group Limited and member of Assisi Aged Care.
Mr Michael Wilton General CounselJoint Company Secretary Sep 2020
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Mr Glen Dymond Chief Financial OfficerCompany Secretary Jul 2019
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Glen Dymond Chief Financial OfficerCompany Secretary
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Michael Wilton General CounselJoint Company Secretary
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Garry White National Sales Director
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
J D Management Group Pty Ltd 17,922,222 15.30%
Pacific Custodians Pty Limited 5,009,357 4.30%
HSBC Custody Nominees (Australia) Limited 3,221,778 2.80%
Citicorp Nominees Pty Limited 2,698,405 2.30%
Mr Albert Saychuan Cheok & Mr Eric Victor Cheok 2,357,009 2.00%
Merrill Lynch (Australia) Nominees Pty Limited 1,324,381 1.10%
BNP Paribas Nominees Pty Ltd 1,227,301 1.10%
BNP Paribas Noms Pty Ltd 1,124,252 1.00%
Mr Garry Edwin White 1,000,000 0.90%
Daneila Dona Gangi & Giuseppe Gangi 942,738 0.80%
B F A Pty Ltd 829,165 0.70%
PAC Equities Pty Ltd 730,102 0.60%
Mr Wei Cai 640,000 0.50%
Mr Peter Baalbaki 552,707 0.50%
Mr Haideng Liao 476,989 0.40%
Mr Kingsley Bryan Bartholomew 472,326 0.40%
National Nominees Limited 465,253 0.40%
Demase Enterprises Pty Ltd 445,132 0.40%
Janene Investments Pty Ltd 440,457 0.40%
Corpsand Pty Ltd 437,659 0.40%

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