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AuMake Limited’s Subsidiary Pursues Legal Action for Deposit Recovery

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AuMake Ltd. ( (AU:AUK) ) has shared an announcement.

AuMake Limited’s subsidiary, 168 Express Pty Ltd, has filed a Statement of Claim in the District Court of NSW against iRich Foods Pty Ltd and its director, Mr. Weifeng Chen, for the recovery of a $678k deposit. The company is confident in successfully recovering the deposit and legal costs from the defendants, which could positively impact its financial standing and reassure stakeholders of its proactive legal measures.

More about AuMake Ltd.

AuMake Limited is a company with strong brand acceleration and sales capabilities, specializing in delivering high-quality brands and products from Australia and New Zealand to the Asian market.

Current Market Cap: A$12.04M

Find detailed analytics on AUK stock on TipRanks’ Stock Analysis page.

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