Soco Corporation Ltd (AU:SOC) has released an update.
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SOCO Corporation Ltd faces potential board shakeup as two significant shareholders, holding over 5% of the company’s shares, have issued formal notices proposing the removal and appointment of directors, with the intention to address these changes at the upcoming annual general meeting. The company, a leading Australian IT consultancy known for its 4D methodology and governmental and corporate projects, has confirmed the validity of the notices and plans to update all shareholders on material developments.
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