TK Group's Subsidiary in Vietnam Terminates Land Acquisition Agreement Due to Tariff Impact

Reuters
09/12
TK Group's Subsidiary in Vietnam Terminates Land Acquisition Agreement Due to Tariff Impact

CÔNG TY TNHH TK PRECISION TECHNOLOGY HỒNG KÔNG VIỆT NAM, a wholly-owned subsidiary of TK Group (Holdings) Limited, has terminated its letter of intent with CÔNG TY CỔ PHẦN ĐẦU TƯ TRUNG QUÝ - BAC NINH for acquiring land in Vietnam. The termination was due to tariff situations impacting the Group's business direction. A termination agreement was signed, and the deposit paid under the letter of intent will be refunded by 30 November 2025, after deducting relevant expenses.

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. TK Group (Holdings) Limited published the original content used to generate this news brief on September 12, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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