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Veem Ltd ( (AU:VEE) ) has shared an update.
VEEM Limited announced the successful passing of all resolutions at its Annual General Meeting, indicating strong shareholder support. The resolutions included the adoption of the remuneration report, re-election and election of directors, and the ratification and approval of share issues, reflecting the company’s stable governance and strategic direction.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
More about Veem Ltd
VEEM Limited is an Australian company specializing in the design and manufacture of high-technology marine propulsion and large gyro stabilization systems, primarily serving the global defense, yacht, fast ferry, and commercial workboat markets. The company is also known for producing high-performance propellers, fin systems, valves, and specialized components for the defense sector. Headquartered in Perth, Western Australia, VEEM operates from a large fabrication and manufacturing facility and employs around 195 staff.
Average Trading Volume: 336,564
Technical Sentiment Signal: Hold
Current Market Cap: A$163.5M
See more insights into VEE stock on TipRanks’ Stock Analysis page.