Keybridge Reports Increased Net Asset Backing
Company Announcements

Keybridge Reports Increased Net Asset Backing

Keybridge Capital Limited (AU:KBC) has released an update.

Keybridge Capital Limited reported an unaudited after-tax Net Asset Backing of 6.82 cents per share as of April 2024, reflecting an 8.60% increase from the previous month and a significant rise from the year-end figure. The firm also disclosed a contentious investment valued at roughly $7.35 million, or 3.5 cents per share, which is currently under dispute with the trustee, with further details to emerge. Keybridge’s asset portfolio includes diverse holdings across private equity, insurance, property, and funds management sectors, and has notable stakes in other listed entities.

For further insights into AU:KBC stock, check out TipRanks’ Stock Analysis page.

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