UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): August 27, 2007
TRIO-TECH INTERNATIONAL
(Exact Name of Registrant as Specified in Its Charter)
California
(State or Other Jurisdiction of Incorporation)
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| 1-14523
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95-2086631 |
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| (Commission File Number)
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(IRS Employer Identification No.) |
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| 14731 Califa Street, Van Nuys, California
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91411 |
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| (Address of Principal Executive Offices)
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(Zip Code) |
(818) 787-7000
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement
On August 27, 2007, Trio-Tech Chongqing Co. Ltd.,
a wholly owned subsidiary of Trio-Tech
International Pte. Ltd, which in turn is a wholly owned subsidiary of the Registrant in carrying
out its plans to expand into Chongqing, China, entered into a “Contract for Joint Investment to
Develop and Construct NO.B48 lot in Beibei District Beibei New Town Construction Area”, with Jia
Sheng Property Development Co. Ltd. (“JiaSheng”) to jointly develop and construct real property
of 24.91 acres (Identified as B48) owned by JiaSheng located in Chongqing, China. Under the terms
of the agreement, the Company is required to invest RMB$10,000,000 (Chinese yuan), or approximately
$1,322,681 (U.S. dollars) based on the exchange rate as of August 27, 2007 published by the Federal Reserve
Statistical Release which will be used for joint development of the land.
The foregoing is a summary of the terms and conditions of the agreement and is qualified in its
entirety by the terms and conditions set forth in the agreement itself, a copy of which is attached
hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
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Exhibits |
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| 99.1 |
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“Contract for Joint Investment to Develop and Construct NO.B48 lot in Beibei District Beibei
New Town Construction Area”, dated as of August 27, 2007, by and between Trio-Tech Chongqing Co.
Ltd. and Jia Sheng Property Development Co. Ltd. with respect to property (B48) located in
Chongqing, China. (The attached exhibit is an English translation of the original agreement, which
is written in Chinese.) |
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