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NECDL in further funding round

National E-Conveyancing Development completed a further equity raising this week that brings in Little Group as a new shareholder in the company.Macquarie Capital, Landgate (the land registry in WA) and Link Group also increased their investment in the latest funding round.The Financial Review in it Street Talk column put the funding round as equal to five per cent of NECDL's equity value.NECDL is developing the electronic property exchange, PEXA, that went live with the first part of its service this month.

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