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DomaCom Suspends New Business and Secondary Market
Company Announcements

DomaCom Suspends New Business and Secondary Market

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

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DomaCom Limited has announced the temporary withdrawal of their Product Disclosure Statement (PDS) for new business, as well as a pause in their secondary market offerings, upon the request of the trustee overseeing the DomaCom Fund. This decision follows a collaboration with the trustee to improve compliance and risk monitoring after concerns arose from a recent financial review article. The company is actively working on addressing the issues with non-performing sub-funds to resume normal operations as swiftly as possible.

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

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