DomaCom s AustAgri Group transaction progressing with outcome expected over next few weeks
AustAgri is in the final stages of the settling of the Cedar Meat acquisition, which forms the first part of the AustAgri paddock to plate roll-up. In the March quarter, corporate funds under management increased to A$76.7 million.
DomaCom Ltd (ASX:DCL) sub-fund’s acquisition of AustAgri Group Ltd (AAGL) is progressing with an outcome expected over the next few weeks.
AustAgri is in the final stages of settling the Cedar Meat acquisition, which forms the first part of the AustAgri paddock to plate roll-up.
DomaCom, a fractional investment platform provider, is also finalising the amendments to the DomaCom Fund to support the Equity Mortgage product.
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The Melbourne meatworks at the centre of Victoria s largest outbreak during the first wave has been cleared after a probe into COVID-19 workplace protocols.
WorkSafe Victoria confirmed in May it was investigating the outbreak at Brooklyn s Cedar Meats, which infected at least 111 people.
The independent regulator s chief executive Colin Radford revealed at a Public Accounts and Estimates Committee hearing on Tuesday that the investigation had concluded and no prosecutions would follow. We have not found evidence of any breaches of the Occupational Health and Safety Act, he said.
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The probe had been examining whether social distancing measures were in place at the abattoir, and if workers were provided with appropriate personal protective equipment and hand sanitiser.