BUZZ-Australia's Wiseway Group hits over 3-1/2-year high on logistics partnership ** Shares of Wiseway Group WWG.AX rise as much as 10.4% to A$0.265, their highest level since March 21, 2022
** Stock posts its biggest intraday pct gain since September 12
** Integrated logistics solutions provider announces mutual investment partnership with Borderless360, a global e-commerce logistics provider
** Co says partnership combines its infrastructure with Borderless360's technology to enhance logistics across key markets
** Co will invest US$200,000 & issue 947,831 shares for minority stake in Borderless360
** About 267,934 shares traded, 6.6x the 30-day average
** YTD, stock up 103.9%, including current session's move
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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.