secwatch.observer — SEC 8-K summary
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Issuer:     TRIO-TECH INTERNATIONAL (TRT)
CIK:        0000732026
Form:       8-K
Filed at:   2021-12-06T23:59:59+00:00
Accession:  0001851734-21-000136
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trio-Tech subsidiary enters JV for semiconductor services in Suzhou, China
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- Trio-Tech (SIP) will hold 51% stake in new JV Trio-Tech Jiangsu Co., Ltd.; SATM holds 49%.
- JV to provide sub-contract semiconductor/electronics services; Trio-Tech manages operations.
- Trio-Tech nominates 3 of 6 directors and chair with tie-breaking vote.
- Annual management fee of 6% of JV revenue (3% each partner), capped at 10%.
- Term indefinite; assets purchased by Trio-Tech may be contributed at net book value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732026/000185173421000136/0001851734-21-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732026/000185173421000136/trt20211205_8k.htm
  HTML page:      https://secwatch.observer/filing/0001851734-21-000136

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