The Stocks in Action || Did Nuheara Ltd. Commence Its First Shipment Of HP Elite Wireless Earbuds?

• Nuheara Limited shared on Monday that it has made the very first shipment of HP Elite Wireless Earbuds and sent it to HP Inc. (HP). It should be noted that HP and Nuheara recently announced a three year agreement and this is the first product that is manufactured by Nuheara for HP, under the umbrella of this supply deal

• Woolworths Group Limited has been pursuing its separation from Endeavour Group and believes that the demerger shall improve shareholder value over time and is superior to other available alternatives. 

• Lendlease Group has noted the appointment of Steve McCann as Chief Executive Officer and Managing Director of Crown Resorts Limited, with effect from  1 June 2021. Earlier, Lendlease Group had declared that Mr McCann would retire from the Board of LLC on 31 May 2021 and shall be replaced by Tony Lombardo, effective from when Mr McCann would retires from Lendlease. 

• Crown Resorts Limited has acknowledged the receipt of a merger proposal from The Star Entertainment Group Limited under a scheme of arrangement. Star believes that there is a possibility to unlock substantial value from a sale and leaseback of the merged entity’s property portfolio. 

• PolyNovo Limited announced recently that it has hired Dr Joshua Cheetham to the new position of Director of Research and Development. Cheetham is an accomplished executive with more than 25 years of experience in research and development, regulatory, commercialisation of medical products and manufacturing operations.

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