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WiseTech shares halted as board discusses ‘matters of governance’

Max Mason

The board of logistics software giant WiseTech Global is poring over the details of new allegations levelled at its billionaire founder Richard White as part of an ongoing review into his alleged inappropriate conduct.

The ASX-listed logistics software business entered a sudden trading halt on Thursday morning, telling investors it was needed “to enable the company to be in a position to provide an update on current board discussions relating to matters of governance” by Monday morning at the latest.

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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    Original URL: https://www.afr.com/technology/wisetech-shares-halted-as-board-discusses-matters-of-governance-20250220-p5ldoz