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WAM Global Ltd. ( (AU:WGB) ) just unveiled an update.
WAM Strategic Value Limited has sold some of its shares in WAM Global Limited, which were initially acquired as part of a scheme of arrangement with Templeton Global Growth Fund Limited in 2021. To address potential conflicts of interest, WAM Strategic Value has appointed an independent board committee, consisting of Glenn Burge and Virginia Waterhouse, to oversee decisions related to the shares held in WAM Global. This move is aimed at ensuring transparent and conflict-free management of these shares, which may impact the company’s governance and stakeholder trust.
More about WAM Global Ltd.
WAM Global Ltd. operates in the investment management industry, focusing on managing listed investment companies. It is part of the Wilson Asset Management Group, which specializes in providing investment solutions and managing portfolios for various stakeholders.
Average Trading Volume: 229,891
Technical Sentiment Signal: Buy
See more insights into WGB stock on TipRanks’ Stock Analysis page.