TIME INTERCON (01729.HK): Luxvisions supply pact terminated
On 3 November 2026, TIME INTERCON (01729.HK) ended its master supply agreement with Luxvisions as customer demand changed, with no payment due from either side.
Key Highlights:
- The agreement originally ran from 6 May 2025 to 31 December 2027, both dates inclusive.
NewTimeSpace News: On 3 November 2026, TIME Interconnect Technology Limited (stock code: 01729) terminated its master supply agreement with Luxvisions Innovation Technology Corp. Limited with immediate effect, as customer demand for Luxvisions group products changed and it no longer needs to buy them.
The agreement originally ran from 6 May 2025 to 31 December 2027. Upon termination, all rights and obligations cease and neither side may make a claim, save that settlement and quality assurance for products delivered before termination are unaffected. The board sees no material adverse effect on the Group's business, operations or financial condition.
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