Marbridge Daily

<- June 01, 2012 ->

TPV, Panda LCD Sign Procurement Agreement

Hong Kong Exchanges and Clearing, 6/01/12

Top Victory, a wholly-owned subsidiary of Hong Kong-based display and TV vendor TPV Technology (0903.HK), and Panda LCD today entered into a procurement agreement, under which Top Victory may purchase LCD panels and other related products from Panda LCD.

The procurement agreement shall continue in force until December 31, 2014.

The proposed annual maximum aggregate procurement value for the three financial years ending December 31, 2014 are USD 241.57 mln in 202, USD 556.80 mln in 2013, and USD 679.44 mln in 2014.

For full details on the agreement, please click here.

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