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Hygrovest News
02/08/2023
INVESTMENT MANAGER TENDER UPDATE AND CHANGES TO BOARD COMPOSITION
Hygrovest Limited (ASX: HGV) (“HGV”, “Hygrovest” or the “Company”) is an Australian-listed specialist investment company which concentrates on producing capital growth for shareholders over the medium term from investments in listed and unlisted equities and debt securities.
Investment Manager Tender Update
On 24 February 2023 HGV commenced an invitational tender to appoint an Investment Manager (the Manager) from 1 July 2023, upon the current Investment Management Agreement with Parallax Ventures Inc. expiring.
HGV has selected a preferred candidate for Manager, which is expected to be appointed as HGV’s new investment manager in August 2023.
In anticipation of the appointment of the new investment manager, HGV is pleased to announce the following changes to the composition of its Board.