News: MEA Mcgrath Announces Expansion Of Oxygen Home Loans Business

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    April 6 (Reuters) - Mcgrath Ltd (MEA) :

    • EXPANDS OXYGEN HOME LOANS BUSINESS
    • OXYGEN RAISED ADDITIONAL INVESTMENT CAPITAL INTO HOME LOAN BUSINESS THROUGH A $2.5 MILLION CASH INJECTION
    • CO REDUCING ITS INTEREST IN OXYGEN TO A 45% SHAREHOLDING VIA CAPITAL INJECTION INTO OXYGEN
    • NEW FUNDING WILL BE UTILISED TO GROW RESOURCES, ACCELERATE DIGITISATION TO CREATE BROADER PRODUCT OFFERING FOR OXYGEN
    • MEA WILL RETAIN ONE OF THREE BOARD SEATS IN OXYGEN

    Source text https://www.asx.com.au/asxpdf/20210406/pdf/44v9k9c7r7yn0l.pdf

    (([email protected];))

 
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