other material
confidence high
sentiment neutral
materiality 0.50
Trio-Tech leases 104K sq ft in Malaysia; $115K/mo rent, 2-year term starting June 2026
TRIO-TECH INTERNATIONAL
- Trio-Tech Malaysia signed a lease with Skygate Technology for 104K sq ft in Penang, Malaysia.
- Lease term from June 1, 2026 to May 30, 2028, with an option to extend one additional year.
- Monthly base rent approximately $115,000; security deposit of about $539,000 required.
- Landlord may terminate upon customary events of default; lease governed by Malaysian law.