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Axiom Properties Ltd ( (AU:AXI) ) has issued an update.
Axiom Properties Ltd’s subsidiary, PaySure, has secured a new $30 million wholesale debt facility, replacing a previous $7 million facility. This funding will support PaySure’s growth ambitions, driven by strong customer engagements and partner distribution agreements, and enhance its position in the real estate payments and lending sector. The new facility is expected to accelerate PaySure’s delivery of comprehensive payment and funding solutions, reinforcing Axiom’s strategy to expand its real estate-centric investment and development business.
More about Axiom Properties Ltd
Axiom Properties Ltd is a property development and investment business focused on developing and delivering quality property and technology solutions. The company aims to create long-term value for shareholders by establishing a respected property development and technology investment company that consistently delivers above industry returns on capital.
YTD Price Performance: -23.08%
Average Trading Volume: 443,116
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$12.98M
For detailed information about AXI stock, go to TipRanks’ Stock Analysis page.