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An announcement from Benjamin Hornigold Ltd. ( (AU:BHD) ) is now available.
Keybridge Capital Limited and Benjamin Hornigold Ltd are involved in a complex shareholder dispute, with Keybridge holding a 19.59% stake in BHD. The conflict involves WAM Active Limited, which has a significant influence over Keybridge, holding around 44% of its voting power, and seeks to replace Keybridge’s board with new directors. Keybridge accuses WAM, along with associated parties, of acting in concert to control Keybridge’s assets, which they claim contravenes certain regulations. Keybridge is seeking interim and final orders to limit the influence of these parties and ensure compliance with corporate regulations.
More about Benjamin Hornigold Ltd.
YTD Price Performance: 5.26%
Average Trading Volume: 63,954
Technical Sentiment Consensus Rating: Strong Buy
For detailed information about BHD stock, go to TipRanks’ Stock Analysis page.