2929 Tee-Ky Subsidiary Signs MoU with Partner
Tee-Ky's subsidiary signed an MoU to acquire 40% of Dai Phat Garments in Vietnam to expand upstream supply chain operations. The company notes this is a consensus agreement and awaits a formal contract.
📋 Article Processing Timeline
- 📰 Published: May 16, 2026 at 12:57
- 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 14:34 (1h 36m after Collected)
Date: May 16, 2026
Company Code: 2929
Company Name: Tee-Ky
Subject: Subsidiary signs memorandum of understanding with partner
Fact Date: May 15, 2026
Explanation:
1. Fact Date: May 15, 2026
2. Counterparty: Mr. Wang Xun-Fa
3. Relationship: Related party
4. Term: Starts May 15, 2026
5. Content: Subsidiary Tee-Ky Children's Clothing intends to acquire 40% stake in Dai Phat Garments in Vietnam to establish a production base, covering design, development, manufacturing, and trade of apparel.
6. Restrictions/Commitments: As per contract.
9. Impact: No material impact on financial or business operations as of now.
10. Purpose: Expand group operations, enter upstream supply chain, and cooperate with global brands.
11. Other: Financing via private placement in 2026. Details subject to formal contract. Risk of non-signing.
Company Code: 2929
Company Name: Tee-Ky
Subject: Subsidiary signs memorandum of understanding with partner
Fact Date: May 15, 2026
Explanation:
1. Fact Date: May 15, 2026
2. Counterparty: Mr. Wang Xun-Fa
3. Relationship: Related party
4. Term: Starts May 15, 2026
5. Content: Subsidiary Tee-Ky Children's Clothing intends to acquire 40% stake in Dai Phat Garments in Vietnam to establish a production base, covering design, development, manufacturing, and trade of apparel.
6. Restrictions/Commitments: As per contract.
9. Impact: No material impact on financial or business operations as of now.
10. Purpose: Expand group operations, enter upstream supply chain, and cooperate with global brands.
11. Other: Financing via private placement in 2026. Details subject to formal contract. Risk of non-signing.