ZICOM ELECTRONIC SECURITY SYSTEMS LTD. - Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors

The Sixteenth Meeting of the CoC of the Corporate Debtor was held on May 25, 2023. Further, we wish to inform the Exchange that the CoC at its said meeting inter-alia mainly considered the following matter: 1. Discussion and negotiation on the Resolution Plan(s) received from the Resolution Applicant(s) and decide further course of action in relation thereto.