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Keybridge Capital Stabilizes Finances Post-Administration

Story Highlights
  • Keybridge Capital Limited exited administration and regained control of Yowie Group.
  • Keybridge resolved litigation issues, receiving favorable court decisions and cost recoveries.
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Keybridge Capital Stabilizes Finances Post-Administration

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Yowie Group ( (AU:YOW) ) just unveiled an update.

Keybridge Capital Limited announced a series of updates following its exit from voluntary administration, highlighting financial disarray and reliance on short-term funding to regain control of its primary asset, Yowie Group Ltd. The company has made progress in stabilizing its finances, including receiving partial loan repayments and resolving litigation issues, which have led to favorable court decisions and cost recoveries. These developments are expected to positively impact Keybridge’s operations and strengthen its position in the market.

More about Yowie Group

Keybridge Capital Limited 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. It holds substantial investments in companies like Yowie Group Ltd, Benjamin Hornigold Ltd, and others.

YTD Price Performance: -44.00%

Technical Sentiment Signal: Sell

Current Market Cap: A$3.21M

For detailed information about YOW stock, go to TipRanks’ Stock Analysis page.

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