Zen Technologies Limited — Important, 13-01-2025: Updates

Zen Technologies Limited's Investment and Finance Committee has approved an investment of up to USD 10 million in Zen Technologies USA, Inc., its wholly-owned subsidiary. This investment will occur in one or more tranches over a period of two years, with the intent to capitalize on growth opportunities in the U.S. defense and homeland security markets. Zen Technologies USA, established in 2018, specializes in combat training simulators, including counter-drone technologies. Currently, the subsidiary has no turnover, but the investment could signify a strategic positioning for future revenue generation in the expanding defense sector. Investors should watch closely as this initiative may enhance the company's market presence and growth potential.