Treasure Success to Dissolve Joint Venture J&B International by April 2027

Reuters

06-21

Treasure Success to Dissolve Joint Venture J&B International by April 2027

Jerash Holdings (US) Inc., through its wholly owned subsidiary Treasure Success International Limited, is set to terminate its joint venture business operations with P. T. Eratex (Hong Kong) Limited. The joint venture company, J&B International Limited, based in Hong Kong, will dissolve following a shareholder meeting where the decision was made to end its operations. Treasure Success holds 51% of the equity interests in J&B, while Eratex holds 49%. The dissolution process, which includes completing outstanding sales orders and addressing customer liabilities, is expected to be completed by April 2027. The termination of the Joint Venture and Shareholder's Agreement will be finalized upon the dissolution of J&B.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jerash Holdings (US) Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-056171), on June 20, 2025, and is solely responsible for the information contained therein.

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T. Eratex (Hong Kong) Limited. The joint venture company, J&amp;B International Limited, based in Hong Kong, will dissolve following a shareholder meeting where the decision was made to end its operations. Treasure Success holds 51% of the equity interests in J&amp;B, while Eratex holds 49%. The dissolution process, which includes completing outstanding sales orders and addressing customer liabilities, is expected to be completed by April 2027. The termination of the Joint Venture and Shareholder's Agreement will be finalized upon the dissolution of J&amp;B.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jerash Holdings (US) Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-056171), on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JRSH","symbol_name":"Jerash Holdings (US), Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL29Nw7L:1","article_id":"2545170196","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545170196","pubTimestamp":1750449952,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jerash Holdings  Inc., through its wholly owned subsidiary Treasure Success International Limited, is set to terminate its joint venture business operations with P. 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