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Keybridge Capital Limited ( (AU:KBC) ) has provided an update.
Keybridge Capital Limited has submitted an application regarding the affairs of Yowie Group Ltd, despite its CEO, Nicholas Bolton, disputing the authority to do so. The application follows a series of corporate maneuvers including changes in Keybridge’s board and a conditional takeover bid by Yowie. The situation is further complicated by Keybridge’s concerns over Yowie’s issuance of new shares, which Keybridge claims contravenes the 20% takeovers prohibition.
More about Keybridge Capital Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
See more data about KBC stock on TipRanks’ Stock Analysis page.