VDM fights to stay afloat

A SERIES of legal decisions has come at the perfect time for VDM Group, lifting its financial position by $A4 million as an ongoing recapitalisation plan attempts to keep the company from going into administration.

VDM Group was awarded the funds after several successful adjudication determinations, which in turn followed the outlining of a financing proposal in late October including an unsecured loan facility


Most read News