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.

FACT BOX

  • Source: PR Times
  • Category: Partnership