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The latest update is out from Keybridge Capital Limited ( (AU:KBC) ).
Keybridge Capital Limited has received a notice from Australian Style Group Pty Ltd, controlled by former director Nicholas Bolton, calling for a general meeting to remove four recently appointed directors. Keybridge’s current directors and Wilson Asset Management Group, representing over 50% of the company’s shares, oppose the resolutions. Concerns have been raised about the notice’s compliance with legal requirements and the lack of engagement with Keybridge’s share registry. Additionally, Keybridge is involved in a legal proceeding regarding Yowie Group Ltd’s meeting postponement, with a court hearing scheduled.
More about Keybridge Capital Limited
Keybridge Capital Limited (ASX: KBC) is an investment and financial services group with a diversified portfolio that includes 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
Find detailed analytics on KBC stock on TipRanks’ Stock Analysis page.