Keybridge Capital (ASX:KBC) said the meeting called by the company to replace the board of its unit Yowie Group (ASX:YOW) will proceed on June 27 as New South Wales Supreme Court has ruled that Yowie's attempts to postpone the meeting and change the venue were invalid and of no effect, according to a Monday Australian bourse filing.

The company directly holds about 58% of Yowie's total issued shares and intends to vote all its Yowie shares for the resolutions, the filing added.