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VDM seeks $17.9M in ongoing financial overhaul

VDM Group has announced a $A17.9 million rights issue as the final step in a recapitalisation pla...

Justin Niessner
VDM seeks $17.9M in ongoing financial overhaul

The one-for-one pro-rata non-renounceable entitlement offer will open on December 20 and be for 1.8 million shares, at a price of 1c each. This represents a 17% discount on its closing price yesterday...

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