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VDM Group Ltd (VMG.AX)

VMG.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

VDM Group updates CEO appointments
Sunday, 31 Jan 2016 04:22pm EST 

VDM Group:Sam Diep has been appointed as new chief executive officer.Dongyi Hua will transition from his current position as managing director and chief executive officer.  Full Article

VDM Group agreed principal terms for $18 million loan facility
Tuesday, 26 Jan 2016 10:21pm EST 

VDM Group:Agreed the principal terms for an $18 million loan facility (Loan Framework) with its largest shareholder, Dongyi Hua Australia Kengkong Investments Co Pty Ltd (Kengkong) and has received MANAGING DIRECTOR AND an initial $2 million advance (Advance) from Kengkong.Says Repayment date is one year from date of the Loan Facility.  Full Article

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