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Teaminvest Private Group Ltd ( (AU:TIP) ) has issued an announcement.
Teaminvest Private Group Limited announced an update regarding its legal proceedings involving its subsidiary, Colour Capital Pty Ltd, against Netdeen Pty Ltd, the franchisor of G.J. Gardner Homes. The appeal court has ordered a limited retrial on certain matters and set aside the previous damages order, impacting the financial outcome initially in favor of Colour Capital. This development may influence the company’s financial standing and stakeholder interests as the legal process continues.
More about Teaminvest Private Group Ltd
Teaminvest Private Group Limited operates in the investment industry, focusing on acquiring and managing private businesses. The company is involved in various sectors through its subsidiaries, providing strategic guidance and capital to foster growth and enhance value.
Average Trading Volume: 22,022
Technical Sentiment Signal: Buy
Current Market Cap: A$50.16M
See more data about TIP stock on TipRanks’ Stock Analysis page.