Wilson Neill mum

Plans for the future of Wilson Neill remain up in the air with a meeting between directors and the company's new major shareholder Transram unlikely in the near future.

"Wilson Neill is trucking along without any issues by itself," Transram director Mark Dent said. "The directors are all over the world. It could take another couple of weeks before we can get everyone together."

Transram director Shawn Okun is in the US and general manager of Transram's parent WeCU, Russell Kerr, is in Australia.

Mr Dent said Wilson Neill's other major shareholder, IT Media managing director Tim Connell, had discussed several new projects with him this week, which was why Transram was content with not meeting.

Mr Connell said IT Media would launch a food and lifestyle magazine in October.

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June 25th Morning Report