ASX Release
11 April 2022


FOS Capital Ltd (ASX:FOS) is pleased to announce it has received orders valued at over $1.1 million to supply its VEKTA linear lighting products and associated items.

VEKTA is a fully customised product line to meet architectural intent. It is a diverse family of linear lights encompassing 22 different profiles designed and built for purpose. VEKTA ranges from micro profiles, large pendants and recessed fittings. They are customised to best suit the architectural vision including finishes, optics, colour temperature, mounting and power outputs.

FOS introduced VEKTA to its Brisbane factory in late 2019 following the acquisition of Frend Lighting. VEKTA has become our leading product range having grown 70% over the last 12 months and further validates our ongoing commitment to manufacturing in Australia.

This Announcement has been authorised for release to ASX by the board of FOS Capital Ltd.

ASX Release
1 April 2022


FOS Capital Ltd (ASX:FOS) is pleased to announce it has been awarded the contract to supply its Zero Framing Projector to the Art Gallery of NSW. The contract value of $520,000 will be supplied over the coming months.


FOS, in conjunction with exclusive distribution partner Forma Lighting, developed the new ‘Zero Framing Projector’ specifically for use in art galleries and museums.

We are pleased to have been successful with this contract, competing against many established, quality luminaires in the market. We expect this to be one of many orders for this unique product and are looking forward to working closely with the gallery.


This Announcement has been authorised for release to ASX by the board of FOS Capital Ltd.

Con Scrinis
Managing Director

ASX Release
1 October 2021



FOS Capital Ltd (ASX:FOS) via its subsidiary FOS Lighting Pty Ltd is pleased to announce it has completed the acquisition of 100% of the shares in Ecopoint Ltd, a New Zealand based commercial LED lighting company.

The total purchase consideration for the acquisition was NZ$1,870,000 payable by cash NZ$1,489,400 funded from existing FOS Capital cash reserves and NZ$380,600 via the new issue of 1,306,139 FOS Capital ordinary shares issued at 28c per share, which are escrowed for 12 months. The acquisition is immediately earnings per share accretive. 

The combined businesses are very complementary and leveraging FOS’s extensive industry experience, the additional 14 exclusive product ranges and having access to a custom manufacturing capability will provide significant growth opportunities for Ecopoint in the New Zealand market. FOS will also market the Ecopoint, Ecopoint SOLUS & Extenza ranges in Australia via its extensive
distribution network. 

We look forward to working with the Ecopoint team to grow and expand the business whilst we seek further acquisition opportunities in the sector. 



FOS Capital will release a company update and conduct an interactive online investor briefing 11.00am Tuesday 5 October.
Participants must pre-register using the following link:

The link is also available via the FOS Capital website

Participants are encouraged to ask questions and participate during the webinar Q&A discussion segment. Questions can also be pre-submitted in the registration process.

ASX Release
27 September 2021


FOS Capital Ltd ASX:FOS via its subsidiary FOS Lighting Pty Ltd is pleased to announce it has entered into a binding agreement to acquire 100% of the shares in Ecopoint Ltd a New Zealand based commercial lighting company. The transaction is expected to complete within 2 weeks.

Transaction Highlights:
• Ecopoint FY21
    • Sales NZ$2.76M
    • NPBT NZ$311K
• NTA NZ$1.3M including:
    • Cash & cash equivalents of NZ$1.1M.
    • No debt
• Purchase price NZ$1.87M comprised of
    • Cash NZ$1.49M
    • FOS shares NZ$380K. Issue of approximately 1,304,914 new ordinary shares issued at AU28c per share subject to exchange rate at completion.
• Acquisition EPS accretive and underpins FY22 profitability.
• Expands FOS’s New Zealand presence & provides platform for growth.
    • Provides avenue to distribute FOS’s 14 product ranges.

Ecopoint Overview

Ecopoint based in Wellington New Zealand is an LED lighting specialist that was established in 2009. The company has 11 employees and services the commercial lighting market with representation in Wellington, Aukland and the South Island. Ecopoint has developed its own range of LED lighting products and goes to market by designing and specifying its products with electrical engineers, architects, and end user clients.

Strategic Rationale for the Acquisition
This acquisition creates a solid base for FOS to expand its New Zealand operations. We believe we can rapidly grow the business using FOS’s extensive industry experience and the introduction of FOS’s 14 exclusive product ranges to the NZ market. Ecopoint will also benefit from having access to the FOS Brisbane based manufacturing facility providing custom product with shorter lead times.
FOS will also market the Ecopoint range in Australia via its extensive distribution network. 

The acquisition of Ecopoint is the first since FOS’s ASX listing in June 2021 and delivers on the company’s stated growth by acquisition strategy. We look forward to working with the Ecopoint team to grow and expand the business whilst we seek out further acquisition opportunities in the sector.

Con Scrinis
Managing Director

27th August 2021

FY2021 FOS Results Webinar

FOS Capital Ltd (ASX:FOS) will hold a webinar investor presentation commencing at 11.00am on Wednesday 1 September. Participants must pre-register using:

The link is also available via the FOS Capital website:

Participants can register questions during the registration process or during the webinar.

ASX Release

18th August 2021

Financial Review Article


FOS Capital Ltd (ASX:FOS) makes the following statement in relation to a column item in today’s Australian Financial Review linking FOS to the sale of the Gerard Lighting Group-owned Pierlite Lighting.


FOS Capital has clearly stated its business plan in its prospectus dated 7 May 2021 that it intends to pursue acquisitions in the lighting industry. FOS is actively working on a number of potential acquisitions but can advise that none have progressed to a stage that warrant any disclosure.


The article in today’s Australian Financial Review is based on speculation and FOS will advise the market should the situation change.


This Announcement has been authorised for release to ASX by the Board of FOS Capital Limited.


Further Information:

Con Scrinis Managing Director

20th July 2021


Att: JSB Lighting customers & suppliers.

On 1st February 2021 FOS Lighting Pty Ltd completed the 100% acquisition of JSB Lighting. In order to simplify operations, we have now merged the JSB business into FOS and will trade under a single company structure.

Baker & McAuliffe Holdings Pty Ltd T/A JSB Lighting ABN: 15 059 756 811 will cease trading. The combined business will now trade as FOS Lighting Pty Ltd ABN: 76 072 502 311 and all JSB orders have been transferred to FOS. The JSB brand and trading name will remain along with the distribution of the JSB brands including IILUS, Ljus design, TAL, Luce Plan, Red Square, Legacy Lighting, Eclatec & Securlite.

All quotes and orders will remain valid but we request you update your systems to reflect the company name FOS Lighting Pty Ltd ABN: 76 072 502 311 and change of banking details to FOS Lighting Pty Ltd BSB:332-002 Account number: 553 423 804

We thank you for your cooperation.

ASX Release

8th July 2021


FOS Capital Ltd (ASX:FOS) is pleased to provide the following update, after our ASX listing on 7 June 2021, having completed our initial public offering (IPO), that raised $3 million.

Highlights of FY21

• Sales increased 47%, to $8.1 million
• Profit before tax (excluding IPO costs) approximately $1 million
• Order book increased 164%, to $3.8 million
• Active quotes increased 147%, to $42million
• Employee numbers rose 92%, to 50, including five new senior sales executives
• Completed the JSB restructure, and its integration into FOS
• Reduced the JSB cost base by $2.2 million
• Cash position at 30 June was $3 million
• Appointed the exclusive distributor of Pixon Technology X series LED Display screens 



Our second year has been both exciting and productive with the acquisition of JSB Lighting and our listing on the Australian Securities Exchange (ASX) in June 2021. FOS has now created a national business, with 50 staff and 14 product ranges, three of which are Australian manufactured in our Brisbane facility. Sales have increased from $4.2M (FY19) to $5.5M (FY20) and $8.1M (FY21). The company’s profit before tax will be approximately $1 million (excluding IPO costs), a figure that includes
the contribution of JSB from 1 February, when FOS took full ownership. Our order book is at a record high, with current orders on hand of $3.8 million, which represents a 164% increase from the same time last year. With a strong debt-free balance sheet, the building blocks are now in place to scale the business to the next level. The final results are subject to audit. 

Over the course of the year the company has won a number of major projects including:
• Ritz Carlton (VIC)

• Netwealth Offices (VIC)
• Prince of Wales Hospital (NSW)

• Vic Pride (VIC)
• ANZ offices (VIC)

• Charter Hall (VIC)
• V-Line (VIC)

• Yatala Prison (SA)
• Cardijn College (SA)

• Foxwell State College (QLD)

The company undertook an IPO to list on the ASX, that raised $3 million at 25 cents per share. The offer was well-supported resulting in early closure and the scale-back of oversubscriptions. We welcomed more than 400 new shareholders, who have joined us on this exciting growth journey. Given the demand shown through the capital raising we were surprised and disappointed to see the share price trade below the 25c issue price. We can assure shareholders that business outlook is positive and we will be fighting to build value over the coming period. The funds raised will be used to grow both
organically and by acquisition.

JSB Lighting
The second half of the year has seen the completion of the integration of JSB Lighting into FOS as we now operate as one entity resulting in additional efficiencies. Total annualised costs that have been removed now exceed $2.2 million. The restructuring has included moving the JSB Brisbane factory into the FOS manufacturing facility in Brisbane, the relocation of another three sales offices and warehouses, the merging and upgrading of IT systems, internalizing the marketing functions,
rationalizing product ranges, and reducing staff numbers.

We are very pleased to announce FOS has been appointed the exclusive distributor of Pixon’s Premium X series LED display screens. Pixon is well-known for its broad range of high-quality LED screens for use in both indoor and outdoor signage applications. The addition of this product range adds a new vertical and expands FOS’s product offering beyond LED lighting; the Pixon range is well-suited to the project specification market in which FOS specialises.

With an experienced management team in place and an increasing pipeline of projects the company is in a strong position to leverage-off increased spending from government infrastructure projects and a generally strong commercial construction industry.

With our ASX listing bedded-down, JSB fully integrated and our financial metrics all heading in the right direction, we believe that FOS is very well-placed to build on all of these strengths. We intend to acquire more businesses that can deliver synergies to our company, and that can, in turn, deliver EPS growth and compelling returns to FOS shareholders.

Further Information:
Con Scrinis
Managing Director

7th June 2021


We are pleased to announce that today at 11.00am FOS Capital Limited listed under ticker code ASX:FOS after the completion of our IPO that raised $3 million.

A huge welcome to the +400 new shareholders who have joined us on this exciting growth journey. We would like to take this time to thank our 50 magnificent employees and the IPO team.

26th May 2021


FOS Capital Ltd is pleased to announce it has closed the oversubscribed IPO early after receiving an overwhelming response to the offer.

The company has raised the maximum $3 million at the offer price of 25 cents per share and will now move to allocate and issue the shares.

As detailed in the prospectus ASX-listed HGL Ltd had committed to investing $500,000 in the IPO as part of FOS’ acquisition of JSB Lighting from it in November last year, but because of demand, FOS Capital have chosen not to take it.

9th May 2021


As part of our next phase of expansion we are undertaking a listing on the ASX which will provide access to capital to fund future growth including acquisitions.

The Prospectus is now available at

9th February 2021


FOS Lighting is pleased to announce that is has acquired the remaining 50% shareholding in JSB Lighting from ASX listed HGL Limited.

FOS Lighting now has 100% ownership of the JSB Lighting business.

Both companies will continue trade under their respective ABN. From inception less than 2 years ago FOS has completed 2 strategic acquisitions of commercial lighting businesses Frend & JSB Lighting. This has created a national business with over 50 staff and 16 high quality brands, 4 of which are Australian manufactured in our fully integrated Brisbane facility .

23rd November 2020


FOS Lighting is pleased to announce that is has entered into a binding agreement to acquire a 50% shareholding in JSB Lighting from its current owner ASX listed HGL Limited. 


JSB Lighting has been operating over 50 years and is a supplier of commercial and architectural lighting products with operations in Sydney, Brisbane, Adelaide, Perth and New Zealand and has 27 employees.

JSB manufactures its Intralux brand in Brisbane and distributes the IILUS, Planet, Sammode, lucent, luceplan, Red Square, TAL, Secure Light, LJUS Design and Legacy Sports Lighting Brands.


The involvement of FOS Lighting an Australian manufacturer of commercial and industrial lighting products, with manufacturing facilities in Brisbane and sales offices in Melbourne and Adelaide, headed by experienced lighting executives Con Scrinis and Michael Koutsakis, is expected to provide material synergies and scale that will enable the combined business to grow aggressively with an enhanced product range using the extensive knowledge and resources available to it.

FOS Lighting will have an option to move to 100% ownership of the JSB business.

26 October 2020


We are pleased to announce that Integral Lighting Pty Ltd has been appointed the exclusive distributor of FOS Lighting to the Australian Capital Territory (ACT) and surrounding areas.

Integral was founded in 2013 and is a major supplier to the commercial and industrial project lighting industry. Integral works in the specification end of the market designing innovative lighting solutions within the professional designer market including engineers, architects and lighting designers.

FOS Lighting is an Australian manufacturer of innovative commercial, retail and industrial lighting solutions with a manufacturing facility in Brisbane and offices in Melbourne and Adelaide. FOS Lighting brands include Frend Lighting, Megabay, VEKTA and Forma Lighting.

All enquiries and correspondence within the ACT and surrounding areas should now be referred to our exclusive

distributor - Integral Lighting. 

Phone: 02 6280 9116

We are looking forward to this new partnership as we expand and improve the service to our clients in this region.

27th August 2020



We are pleased to announce the appointment of Nigel Smith as the Manager of the Brisbane based manufacturing facility.

Nigel comes with a wealth of experience in this industry having spend 20 years with Moonlighting and Gerard Lighting.

Nigel's appointment strengthens the high calibre team we have assembled at FOS over the past 12 months

16 March 2020


We are pleased to advise further expansion of the FOS business with the appointment of Brian Bishop heading up our office in Adelaide, South Australia. Brian has a wealth of experience in this industry and is supported by FOS’s fully integrated manufacturing facility based in Brisbane.

FOS now has operations in Victoria, Queensland and South Australia.

FOS Lighting manufactures and markets the Frend, Megabay and Vekta product ranges and is the exclusive distributor of Forma Lighting in Australia

Further enquiries:

Con Scrinis 
Managing Director
0412 331 618 


Brian Bishop

Account Manager 

0411 651 692

28 January 2020

Megabay Distribution Victoria 

FOS Lighting is pleased to announce a change to the MEGABAY product distribution in Victoria.

Effective immediately FOS will be marketing the MEGABAY product range in Victoria taking over from long time distributor Buckford Illumination Group. (BIG) Orders for existing projects that have been quoted by BIG can be placed with BIG up until 30
March 2020. After this date FOS will take orders directly.

We would like to take this opportunity to thank BIG’s management and staff for the strong support they have shown for the Megabay range over the past few years.

23rd of October, 2019

Megabay Distribution 

We are pleased to announce that DigiLux has been appointed the Megabay Distributor for the Arab Region.

The territories will includes the following:

  •  United Arab Emirates

  •  Bahrain

  •  Qatar

  •  Kuwait

  •  Saudi Arabia

  •  Oman

All activity, enquiries and correspondence within these territories will be referred to Digilux.

Hassan Raja the Sales Manager of Digilux has extensive experience with the Megabay Product line and will manage all representation and activity moving forward in this region.

We are looking forward to this new partnership as we seek to improve the service to our clients in this region.

Thursday 22nd August 2019

Change of Company Structure


On the 21st June 2019 FOS Lighting Pty Ltd (ABN: 52 630 070 638) acquired 100% of Frend Lighting Industries Pty Ltd

(ABN:76 072 502 311)


We have chosen to operate the business under one company as a result of this acquisition.

This has contributed to the following.


  • FOS Lighting Pty Ltd has been renamed FOS Lighting Group Pty Ltd (ABN: 52 630 070 638)

  • FOS Lighting Group will cease trading as an operating entity after the completion of all current orders in the system.

  • Frend Lighting Industries Pty Ltd has been renamed FOS Lighting Pty Ltd. ABN: 76 072 502 311

  • All new orders will now go to FOS Lighting Pty Ltd (ABN: 76 072 502 311)

Monday 24th June 2019: Brisbane

FOS has a new FREND

FOS Lighting is pleased to announce the acquisition of Frend Lighting Industries Pty Ltd from the Gerard Lighting Group. Frend Lighting established in 1996 is an Australian lighting manufacturer based in Brisbane which manufactures bespoke commercial lighting solutions. The business has 23 employees.

Frend products, including the Megabay range meet the installation needs for commercial buildings, industrial warehouses, hospitals, education facilities and health/aged care. Frend has extensive in-house manufacturing capability which includes sheet metal, aluminium and plastics fabrication as well as powder coat painting, final assembly and

The FOS team has over 35 year’s experience in the commercial lighting manufacturing industry having founded Moonlighting in 1991 before selling the business to Gerard Lighting in 2004. FOS intends to expand the Frend product range whilst taking the business national over the coming months.

FOS Lighting currently distributes the Forma Lighting and Survivor Lighting ranges and we look forward to working with all stakeholders as we expand the business.

Wednesday 5th June 2019.


FOS appointed distributor of Survivor Lighting

We are pleased to announce that FOS Lighting has been appointed the exclusive distributor to the Survivor Lighting range in Victoria.

Survivor Lighting is an Australian manufacturer that has a wide range of high quality impact resistant, ingress protected and tamper resistant products. The range is well suited to public places and correctional facilities.

Monday 18th March 2019


Forma Lighting Distributorship


We are pleased to announce that FOS Lighting has been appointed the exclusive distributor to the Forma Lighting range in Australia and New Zealand effective 1st April 2019.


Forma Lighting was established in London in the late 60’s, with over 50 years and 2 generations dedicated to the design, manufacture and application of functional, innovative, solution oriented, high quality architectural lighting. Forma has also had a strong presence in Australia and New Zealand over the past 15 years.

Monday 17 December 2018.


I am pleased to announce the launch of Australia’s newest commercial, industrial and architectural lighting company

“FOS Lighting”

Given the various industry movements of late along with the significant leaps in technology I feel the time is right to re-enter this innovative space.

The FOS Lighting story is interesting in itself, FOS is the Greek word for light but FOS Lighting is also the first lighting company I worked for over 35 years ago.

Team FOS is currently working on its first acquisition and we look forward in making a major impact to this dynamic industry.

Con Scrinis, Managing Director