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Takeovers Panel Declines Proceedings on Keybridge Allegations

Story Highlights

Keybridge Capital Limited ( (AU:KBC) ) just unveiled an announcement.

Keybridge Capital Limited, currently under administration, is facing allegations from Benjamin Hornigold Ltd regarding the conduct of its directors and undisclosed interests. The Takeovers Panel has declined to conduct proceedings on these allegations, citing overlap with ongoing Supreme Court proceedings and a lack of reasonable prospects for a declaration of unacceptable circumstances.

More about Keybridge Capital Limited

YTD Price Performance: -6.00%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$9.72M

For a thorough assessment of KBC stock, go to TipRanks’ Stock Analysis page.

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