IWS Group Holdings (HKG:6663) has received partial payment from N1 Solutions Limited of HK$2.5 million for disposing its controlling stake in joint venture, IWS-N1 Solutions Limited, according to a Monday bourse filing.
The company said it is currently owed HK$5.8 million by N1 Solutions.
Shares were last up 5.8% late Tuesday afternoon.
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