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Benjamin Hornigold Ltd. ( (AU:BHD) ) has provided an announcement.
The Takeovers Panel declined to proceed with Keybridge Capital Limited’s applications concerning alleged associations affecting an upcoming general meeting and potential contraventions of section 606 of the Australian Corporations Act. The Panel found insufficient evidence of associations with entities like WAM Active Limited and concluded that any potential contraventions were not in the public interest to pursue, particularly given overlapping legal proceedings in the Supreme Court of New South Wales.
More about Benjamin Hornigold Ltd.
Benjamin Hornigold Ltd. operates in the financial sector, primarily focusing on investment and capital management services. The company is listed on the Australian Securities Exchange under the ticker BHD.
YTD Price Performance: 7.89%
Average Trading Volume: 59,413
Technical Sentiment Consensus Rating: Strong Buy
For an in-depth examination of BHD stock, go to TipRanks’ Stock Analysis page.
