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Yowie Group ( (AU:YOW) ) just unveiled an announcement.
Keybridge Capital Limited announced that a meeting to replace the board of its subsidiary, Yowie Group Ltd, will proceed as planned on June 27, 2025, following a NSW Supreme Court ruling. The court validated Keybridge’s notice and intentions to replace Yowie’s directors, allowing Keybridge, which holds 58% of Yowie’s shares, to vote in favor of the resolutions. This move could significantly impact Yowie’s governance and strategic direction, with implications for its shareholders.
More about Yowie Group
Keybridge Capital Limited is an investment and financial services group with a diversified portfolio that includes listed and unlisted investments and loan assets. Their interests span across sectors such as life insurance in New Zealand, property, and funds management. They hold substantial stakes in companies like Yowie Group Ltd, Benjamin Hornigold Ltd, HHY Fund, Molopo Energy Limited, and RNY Property Trust.
YTD Price Performance: -44.00%
Technical Sentiment Signal: Sell
Current Market Cap: A$3.21M
For an in-depth examination of YOW stock, go to TipRanks’ Overview page.