TRIO-TECH INTERNATIONAL 8-K

What Happened

• Trio‑Tech International (through its subsidiary Trio‑Tech (Malaysia) SDN BHD) announced on April 28, 2026 that it signed a lease with Skygate Technology (M) SDN. BHD. for approximately 104,000 square feet located at 2481, Tingkat Perusahaan 4, Kawasan Perusahaan Perai, 13600 Perai, Pulau Pinang. The lease is effective June 1, 2026 and runs through May 30, 2028, with an option to extend for one additional one‑year term.

Key Details

• Lease execution date: April 28, 2026; effective date: June 1, 2026; expiration: May 30, 2028.
• Initial monthly base rent: approximately $115,000.
• Security deposit: approximately $539,000 (refundable without interest per lease terms unless vacated early).
• Tenant obligations include payment of Malaysian Sales and Service Tax; landlord may terminate on customary events of default.

Why It Matters

• This lease creates a material operating commitment for Trio‑Tech’s Malaysia subsidiary, adding a predictable monthly rent expense ($115k) and a near‑term cash outlay for the security deposit ($539k).
• The space likely supports Trio‑Tech’s manufacturing or operations in Penang, which can affect capacity and operating costs in the region.
• Investors should note the new facility lease when considering the company’s near‑term cash flows and occupancy costs; the item was disclosed on Form 8‑K under Item 1.01 (Entry into a Material Definitive Agreement).