Bubs Australia's (ASX:BUB) unit Infant Food won a legal dispute against two former customers, securing a total of AU$26.5 million in awards, according to a Tuesday Australian bourse filing.
The company has been awarded AU$22.9 million in the proceeding against Alice Trading and AU$3.6 million in the proceeding against Willis Trading.
The Australian Centre for International Commercial Arbitration handed down the awards in the arbitration proceedings for debt, breach of contract, and damages claims.
Both customers are part of Alpha Professional Holdings, a Hong Kong-listed company.
The company said it will now consider its options to recover the awarded amounts from Alice and Willis.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。