Name Change to Symbio Holdings & New ASX Code - SYM
Sydney, Nov 22, 2021 AEST (ABN Newswire) - Further to its announcement on 10 November 2021, Symbio Holdings Limited (
ASX:SYM) (formerly MNF Group Limited (ASX:MNF)) is pleased to advise that following shareholder approval at its Annual General Meeting, the Company's name has officially changed with the Australian Securities and Investments Commission (ASIC) and is registered for trading as SYM.ASX on the Australian Securities Exchange (ASX).
The Company name and new ASX code will be effective from the commencement of trading on Wednesday 24 November 2021. Shareholders need take no further action.
The change of name reflects the simplification of the Company's operations following the sale of parts of its 'Direct' business, including the MyNetFone (MNF) business, and its focus on its core operations of software-enabled communications in the APAC region for its wholesale clients.
Commenting on the name change, CEO Mr Rene Sugo said: "The change of Company name to Symbio will avoid confusion from the market and customers, present a consistent brand as we expand into the APAC region and more accurately reflect our strategy to be a world-class software company."
About Symbio Holdings Limited
Symbio Holdings Limited (ASX:SYM) is a software company changing the way the world communicates.
Symbio's technology replaces old-fashioned telecom networks with software, making it faster and easier to deliver modern cloud-based communication services, unlocking endless new applications for calling, messaging and phone numbers.
Symbio is the backbone for the global cloud communication industry. Over 500 service providers - from telecom start-ups to the world's biggest software companies - rely on Symbio for the connectivity, quality and expertise they need to solve complex communication challenges.
Headquartered in Sydney, Symbio powers billions of calls and messages each year, owns networks in three countries and employs over 450 staff worldwide.
For more information about Symbio visit www.symbio.global
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