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Keybridge Capital Limited ( (AU:KBC) ) has shared an update.
Keybridge Capital Limited announced that its shareholders voted against all resolutions proposed by Australian Style Group Pty Ltd during a general meeting. The board expressed satisfaction with the outcome, highlighting the strong shareholder participation, with 84% casting votes. Keybridge had concerns about the meeting’s notice and lack of telephonic access, which were not in compliance with the Corporations Act. The rejection of the resolutions indicates strong support for the current board and stability in the company’s governance, which may reassure stakeholders about its ongoing strategic direction.
More about Keybridge Capital Limited
Keybridge Capital Limited 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. It also 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
For detailed information about KBC stock, go to TipRanks’ Stock Analysis page.