The latest update is out from Wisetech Global Ltd. ( (AU:WTC) ).
WiseTech Global Limited has released the findings of a shareholder engagement survey, which highlights several key expectations from its top institutional shareholders. These include the need for a published summary of the Board Review into matters concerning Co-Founder Richard White, a clear succession plan with a focus on software and product development expertise, and strengthening board independence through the appointment of new independent directors. The Board has responded by releasing an update on the Board Review, appointing two new independent directors, and progressing a detailed succession plan. Additionally, WiseTech plans to hold its successful Investor Day annually to enhance shareholder engagement.
More about Wisetech Global Ltd.
WiseTech Global is a leading developer and provider of software solutions for the logistics execution industry worldwide. The company serves over 16,500 logistics companies across 195 countries, including the majority of the top global third-party logistics providers and freight forwarders. WiseTech is known for its innovative CargoWise application suite, which enhances supply chain productivity, functionality, integration, and compliance.
YTD Price Performance: -31.74%
Average Trading Volume: 1,419
Technical Sentiment Signal: Buy
Current Market Cap: $16.78B
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