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Pacific Textiles' customers seek late-delivery claims
19 Jun 2017
(Infocast News) Pacific Textiles Holdings (01382) announced that as of today, the gateway of the company's factory in Vietnam was still blocked by the villagers.

The People's Committee of Hai Duong Province has issued a written notification to request the People's Committee of Kim Thanh District and Lai Vu Industrial Park One Member Limited Liability Company to clear the blockage so that the operations of Pacific Textile Holdings' Vietnam factory can be resumed. Pacific Textile Holdings believes that it would take at least a few more days for the blockage to be cleared.

Pacific Textile Holdings has received claims from customers for late delivery of products arising from the temporary suspension of operation of the company's Vietnam factory. The amounts of the claims are being assessed and are under negotiation with the customers.

(WL)
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