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Touch Ventures Ltd. ( (AU:TVL) ) has shared an announcement.
Touch Ventures Ltd. announced a strategic shift at its 2025 Annual General Meeting, highlighting a transition year in 2024 where the company reduced its cost base and refocused its investment strategy. The company has appointed Gannet Capital as an external manager to oversee its investment portfolio, with the aim of restoring value through high-quality investment opportunities. This move is expected to increase operating expenses but aligns Gannet’s interests with shareholders through performance-based incentives.
More about Touch Ventures Ltd.
Touch Ventures Ltd. operates in the investment industry, focusing on identifying and investing in promising companies. The company aims to maximize outcomes from its investment portfolio and has recently shifted its strategy to improve its investment performance.
Average Trading Volume: 291,129
Technical Sentiment Signal: Sell
Learn more about TVL stock on TipRanks’ Stock Analysis page.