We can confirm that our endeavours to recover in excess of 240,000 euros from a Ductch debtor are on schedule and good progess is being made. If they fail to pay or come to a satisfactory arrangement, assets will be seized. It would seem although progress has been slow on the collection and recovery from Germany of 500,000 euros for an English client of ours the matter is now moving forward well for our German Office. In China where we are chasing a number of debts, our Agents are reporting imminent collections.
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