Brief: Take Off Unit Over Reaches Deal With Supplier Hangzhou Over Dispute

Take Off SpA

28/11/2023 12:11

Nov 28 (Reuters) - Take Off SpA  TKOF.MI :
    * UNIT OVER REACHES DEAL WITH SUPPLIER HANGZHOU REFINE
IMPORT &
EXPORT OVER DISPUTE
    * HAD WITHDRAWN MERCHANDISE FROM MARKET IN 2020 DUE TO
QUALITY OF
FABRIC, SUSPENDING PAYMENTS TO HANGZHOU
    * TO PAY CURRENT DEBT AT 75% DISCOUNT FOR TOTAL OF $0.8
MILLION
    * WILL REPAY DEBT IN $0.1 MILLION INSALLMENTS UNTIL JUNE 30
2024


Further company coverage:  TKOF.MI 

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