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News: PKA Plukka enters into financing agreement with Treliss Worldwide Inc

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    March 6 (Reuters) - Plukka Ltd (PKA)

    • Entered into a major financing agreement (agreement) with Treliss Worldwide Inc
    • Treliss will provide plukka with a US$1m revolving inventory financing facility for two years
    • Unique industry strategic collaboration or partnership is expected to accelerate revenue growth with potential for higher gross margins and minimal inventory risk
    • And facility is expected to generate US$2.5-3m1 of additional sales revenue for plukka over term of facility
 
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