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Keybridge Capital Limited ( (AU:KBC) ) has provided an update.
Keybridge Capital Limited has entered into a bridge funding facility with WAM Active and other entities within the Wilson Asset Management Group. This facility involves security over Keybridge’s properties and equity interests, pending an ASX waiver. The Takeovers Panel has received an application from Nicholas Bolton regarding the acquisition of a relevant interest in Yowie Group Ltd by WAM Entities, which allegedly contravenes sections 606 and 671B. The applicant seeks final orders for a voting prohibition on Keybridge and corrective disclosure by the involved parties.
More about Keybridge Capital Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
For detailed information about KBC stock, go to TipRanks’ Stock Analysis page.