Soco Corporation Ltd (AU:SOC) has released an update.
SOCO Corporation Ltd faces potential board shakeup as two significant shareholders, holding over 5% of the company’s shares, have issued formal notices proposing the removal and appointment of directors, with the intention to address these changes at the upcoming annual general meeting. The company, a leading Australian IT consultancy known for its 4D methodology and governmental and corporate projects, has confirmed the validity of the notices and plans to update all shareholders on material developments.
For further insights into AU:SOC stock, check out TipRanks’ Stock Analysis page.
