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Panel Declines Proceedings on Keybridge Applications
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Panel Declines Proceedings on Keybridge Applications

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

The Panel has declined to conduct proceedings on two applications from Keybridge Capital Limited concerning alleged associations and contraventions of section 606 related to an upcoming general meeting where board replacement resolutions are to be considered. The Panel found insufficient evidence of association among the involved parties and concluded that any alleged association would not lead to a contravention of section 606. Additionally, it determined that making a declaration of unacceptable circumstances was not in the public interest due to overlapping court proceedings and ongoing disputes between WAM and Keybridge.

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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