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Dominion Finance wins support for North South moratorium

Tuesday 2nd December 2008

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The voluntary administrators of Dominion Finance Holdings said the moratorium of its North South Finance unit won stockholder approval.

Shares of Dominion Finance last traded at 1 cent on October 8 and have slumped about 100% this year.

DFH is essentially a shell with limited cash available, with one of its operating units in receivership and the other, being North South.

By Jonathan Underhill

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