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TRIO-TECH INTERNATIONAL V.TRT


Primary Symbol: TRT

Trio-Tech International is a diversified business company with interests in semiconductor testing services, manufacturing and distribution of semiconductor testing equipment, and real estate. Its segments include Manufacturing, Testing, Distribution, and Real Estate. Manufacturing segment develops and manufactures a range of test equipment used in the front-end and back-end manufacturing processes of semiconductors. Its equipment includes leak detectors, autoclaves, centrifuges, and boards. Testing segment provides comprehensive electrical, environmental, and burn-in testing services to semiconductor manufacturers in its testing laboratories in Asia. Distribution segment distributes complementary products made by manufacturers around the world. The products include environmental chambers, mechanical shock and vibration testers, and other semiconductor equipment. Real Estate segment generates rental income and investment income from real estate investments made in Chongqing, China.


NYSEAM:TRT - Post by User

Post by 1BestPickson Oct 01, 2010 9:06pm
657 Views
Post# 17520512

News Out Today

News Out Today

TriNorth Capital terminates Navina management contract


2010-10-01 18:25 ET - News Release

Mr. John Pennal reports

TRINORTH CAPITAL INC. ANNOUNCES NOTICE TO TERMINATE MANAGEMENT CONTRACT

TriNorth Capital Inc. has issued a notice to terminate the management contract with Navina Asset Management Inc. on 120 days notice, effective Jan. 25, 2011. With only two significant investments remaining in the portfolio and amidst continuing efforts to conserve cash, it was decided that active management of the investment portfolio will no longer be required in 2011. The manager has indicated its willingness to provide its assistance to TriNorth for an orderly transition in order to maximize the value of the remaining investments for shareholders.

We seek Safe Harbor.

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