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Platformo reshapes board as long-serving director departs and governance expert joins

Story Highlights
  • Platformo Ltd announced the immediate resignation of long-serving director Raja Ahmad Raja Jallaludin due to personal reasons.
  • The company appointed governance specialist Zheng (Kobe) Li as a new non-executive director to bolster board expertise.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Platformo reshapes board as long-serving director departs and governance expert joins

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The latest update is out from Cape Range Ltd. ( (AU:PFM) ).

Platformo Ltd has announced the resignation of non-executive director Raja Ahmad Raja Jallaludin, who is stepping down from the board effective immediately due to personal circumstances after eight years of service, including as chair of the audit committee. Chairman Ben Reichel praised his integrity and significant contribution to the company over his tenure.

The board has appointed governance specialist Zheng (Kobe) Li as a new non-executive director, adding substantial ASX-listed experience to its ranks. Li, a Melbourne-trained lawyer and commerce graduate, has worked as a listings adviser at the ASX and serves as company secretary for several listed entities, a move expected to strengthen Platformo’s governance and support its future strategic plans.

The most recent analyst rating on (AU:PFM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cape Range Ltd. stock, see the AU:PFM Stock Forecast page.

More about Cape Range Ltd.

Platformo Ltd, listed on the ASX under the code PFM, is an Australia-based company governed by a board that includes experienced professionals with backgrounds in corporate governance, listings advice and company secretarial roles. The firm operates within the Australian corporate and capital markets environment, drawing on directors who have served other ASX-listed entities and technology-focused companies.

Average Trading Volume: 28,186

Technical Sentiment Signal: Sell

Current Market Cap: A$3.42M

For an in-depth examination of PFM stock, go to TipRanks’ Overview page.

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