Humm Group (ASX:HUM) said it implemented the core recommendations from a review of the effectiveness of its board and governance, with the expansion of its board of directors and the appointment of an independent chair, according to a Friday Australian bourse filing.
Its board is committed to implementing the remaining recommendations and embedding them as part of hummgroup's governance framework.
McGrathNicol was appointed by the firm in January to conduct the review.
Its shares rose 1% in recent trading on Friday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments