Kingdom Capital Advisors, a private investment firm, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The firm started the business four years ago with a clear goal of investing in overlooked microcap companies that yield exceptional returns. Despite significant challenges in 2025, including a bankruptcy in January, a key investment losing customers in May, and a cyberattack on the largest holding in June, the firm achieved a 17.45% return net of fees, illustrating the resilience of a focused, research-intensive strategy. The composite returned 8.88% (net of fees) in the fourth quarter, compared to 2.19% for the Russell 2000 TR, 2.68% for the S&P 500 TR, and 2.47% for the NASDAQ 100 TR….

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The government is set to benefit from a gift of more than £600m after a charity set up nearly 100 years ago to pay off the national debt was made to transfer its assets and now plans to close.

This week, the UK Debt Management Office (DMO) announced that a £607m gilt would be cancelled due a donation received from the National Fund, a charity set up in 1928 to pay off the national debt.

The DMO received a “significant transfer” to its donations and bequests account from the National Fund in 2024-25, its accounts show, including £585m of cash, the vast majority of the charity’s assets.

This transfer followed a Court of Appeal ruling in 2023, which…

A sharp after-hours volume spike pushed 577,479 shares of MIC Electronics Limited (MIC.NS) on the NSE on 09 Jan 2026, while the price held at INR 1.30. The surge compares with an average daily volume of 2,124 and a relative volume of 271.88, making this a clear volume-driven event. The focus on MIC.NS stock is driven by corporate insolvency proceedings and thin liquidity that can produce abrupt moves. Traders should note the combination of extreme volume, a flat intraday price (day high INR 1.35), and structural risk from the insolvency process.

MIC.NS stock: After-hours volume spike

The most immediate fact is the volume spike of 577,479 in after-hours trade on 09 Jan 2026, versus an average volume of 2,124. That jump (relative volume…

When India’s first resolution plan under the Insolvency and Bankruptcy Code (IBC) was approved in August 2017, it shook confidence in the country’s new insolvency architecture. A related party regained control of the company while creditors absorbed a staggering 94% haircut. What was meant to be a market-driven rescue mechanism appeared to have become a loophole for errant promoters to cleanse balance sheets and reclaim assets. The legislative response — Section 29A — was swift and uncompromising. Nearly a decade later, however, the context has changed, raising a difficult but necessary question: does Section 29A still serve the IBC’s core objective of value-maximising resolution, or has it become an obstacle to it?

Why…

GOTHENBURG, SWEDEN – The Board of Directors of LIDDS AB (publ) (“LIDDS” or the “Company”) has today resolved to propose that an extraordinary general meeting, which will also serve as the second control meeting, resolve on the voluntary liquidation of the Company and the delisting of the Company’s shares from Nasdaq First North Growth Market. The extraordinary general meeting is intended to be held on 28 January 2026. Notice of the general meeting, including the complete proposed resolutions and the Board of Directors’ full reasoning and considerations, will be published by way of a separate press release.

Background

On 24 April 2025, a balance sheet for liquidation purposes showed that the Company’s shareholders’ equity…

The shareholders of LIDDS AB (publ), reg. no. 556580-2856, (the “Company”) are hereby invited to an extraordinary general meeting, as well as the second control meeting, on Wednesday 28 January 2026 at 10:00 CET at Excore’s premises at Kungsportsavenyen 22, 411 36 Gothenburg.

Right to participate and notice to attend the meeting

Shareholders who are recorded in the share register kept by Euroclear Sweden AB (The Swedish Central Securities Depository Euroclear Sweden AB) as of 20 January 2026 and who have notified the Company of their intention to attend so that the notification is received by the Company no later than 22 January 2026 are entitled to participate in the meeting. The notification shall be sent to LIDDS AB (publ),…

Full-service UK law firm Gilson Gray has hired experienced lawyer Paul Madden as partner, head of dispute resolution for England, and head of international insolvency, further strengthening the firm’s London practice and supporting its continued growth across the UK.

In his new role, Paul will lead Gilson Gray’s dispute resolution and international insolvency services in England, with a particular focus on funds disputes, alternative funds’ solutions, securities litigation, shareholder disputes, and corporate insolvencies. As a leading advisor in the share appraisal litigation space, he will work closely with a broad range of clients, drawing on his extensive cross-border experience. He will also focus on building strategic…