Connect with us


Missing goods worth $4m disappears from Kiwi company in China –

QEX Logistics worried about finances after inventory disappears in China.



post featured image

Cross-border logistics company QEX Logistics has warned shareholders that the disappearance of $4 million worth of goods from a Chinese warehouse could affect its finances.
QEX told the NZX on Wednesday that inventory had been removed from its secured China Customs bonded warehouse in Shanghai without the companys authorisation.
At this stage, the company said it was taking the view that the goods had been stolen.
The company is currently engaging with its personnel in Shanghai, its China-based…

Click here to view the original article.

You might also like ...

post featured image
Barfoot & Thompson’s sales were through the roof in November – prices at record highs –
post featured image
BNZ warned over likely responsible lending breaches – New Zealand Herald
post featured image
Virus resurgence dashes hopes for Hong Kong-Singapore travel ‘bubble’ –