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Keybridge Capital Ends Administration and Confirms New Directors

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Keybridge Capital Limited ( (AU:KBC) ) just unveiled an update.

Keybridge Capital Limited announced that the Supreme Court of New South Wales Court of Appeal dismissed Mr. Nicholas Bolton’s appeal, confirming the replacement of Keybridge’s directors and ending the company’s external administration. The decision reinstates directors Antony Catalano, Geoff Wilson AO, Jesse Hamilton, Martyn McCathie, and Sulieman Ravell, while Mr. Bolton’s executive roles are suspended pending an internal investigation. Additionally, Mr. John Patton has been removed as company secretary, with Mr. Hamilton taking over the role. The company’s registered office has also been relocated to Wilson Asset Management in Sydney.

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 investments 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

Learn more about KBC stock on TipRanks’ Stock Analysis page.

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