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Why Is Wiseway Now Seeking Shareholder Approval for Key Leases?
6:02pm on Wednesday 18th of June, 2025 AEST
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Why Is Wiseway Now Seeking Shareholder Approval for Key Leases?
6:02pm on Wednesday 18th of June, 2025 AEST
Key Points
ASX rules require shareholder approval for related party leases exceeding 5% equity threshold
Wiseway did not obtain prior approval for lease renewals and new leases with RFT Investment Management
Company will pause lease payments until shareholder approval is secured
Independent Expert’s Report to assess fairness to non-associated shareholders
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Wiseway (ASX:WWG)
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