Versarien completes delayed Korean deal
Graphene specialist Versarien has completed the drawn-out sale of plant and equipment in South Korea after it received the final delayed payment.
The Forest of Dean company had agreed a £600,000 deal with MCK Tech last March as part of its own turnaround strategy.
The payments were meant to be completed last July but MCK Tech had to ask for an extension to the terms.
Versarien has now received the final payment due from MCK Tech of £92,000, plus accrued interest, and therefore the sale of its Korean plant and equipment has ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
