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DomaCom Ltd. Progresses Capital Raise, Addresses Challenges
Company Announcements

DomaCom Ltd. Progresses Capital Raise, Addresses Challenges

DomaCom Ltd. (AU:DCL) has released an update.

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DomaCom Ltd. has secured loan funding and is exploring additional financial solutions to strengthen its position, with a new director appointed amid a board reorganization. The company has temporarily halted new business for its DomaCom Fund PDS to address risk and compliance issues, and is dealing with tenant occupancy challenges in its NDIS property portfolio. Despite current suspensions in trading and the secondary market, DomaCom is actively working towards a resolution that will allow it to request ASX requotation.

For further insights into AU:DCL stock, check out TipRanks’ Stock Analysis page.

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