Founder Holdings Limited Enters Trademark License Agreement with New Founder

Reuters
26 Jun
Founder Holdings Limited Enters Trademark License Agreement with New Founder

Founder Holdings Limited has announced a new Trademark License Agreement involving Founder Electronics, a subsidiary of the Group, and New Founder. Under this agreement, effective from June 26, 2025, to December 31, 2027, New Founder has granted Founder Electronics and its wholly owned subsidiaries worldwide a non-exclusive license to use a trademark in their products and business activities. This agreement is categorized as a continuing connected transaction under Chapter 14A of the Listing Rules, requiring reporting and announcement but exempt from circular and shareholder approval requirements. The company's directors deem the agreement's terms fair, reasonable, and beneficial for the company and its shareholders.

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