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Assetora Limited Challenges Statutory Demand from SILC

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Assetora Limited Challenges Statutory Demand from SILC

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DomaCom Ltd. ( (AU:AOH) ) just unveiled an update.

Assetora Limited has received a statutory demand from Specialised Investment and Lending Corporation (SILC) for a payment of $990,017.46, citing an event of default under the Note Deed Poll and General Security Agreement. Assetora disputes the existence and amount of the debt and has engaged legal counsel to apply for the demand to be set aside, indicating a genuine dispute and an offsetting claim under the Corporations Act.

More about DomaCom Ltd.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$4.79M

Learn more about AOH stock on TipRanks’ Stock Analysis page.

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