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An update from Keybridge Capital Limited ( (AU:KBC) ) is now available.
Keybridge Capital Limited has called a general meeting for its subsidiary, Yowie Group Ltd, to address serious corporate governance concerns. The meeting aims to amend Yowie’s constitution to clarify shareholder voting rights, remove current directors, and appoint new ones to improve governance and shareholder value. Keybridge, holding a majority stake in Yowie, supports these resolutions and is challenging Yowie’s attempt to postpone the meeting in court.
More about Keybridge Capital Limited
Keybridge Capital Limited (ASX: KBC) is an investment and financial services group with a diversified portfolio of listed and unlisted investments and loan assets. The company operates in sectors such as life insurance in New Zealand, property, and funds management, and holds substantial interests in companies like Yowie Group Ltd, Benjamin Hornigold Ltd, HHY Fund, Molopo Energy Limited, and RNY Property Trust.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
For detailed information about KBC stock, go to TipRanks’ Stock Analysis page.