October 22, 2017 7:45 PM ET

Distributors

Company Overview of Delsey Asia Limited

Company Overview

Delsey Asia Limited sells luggage. The company was incorporated in 2006 and is based in Cheung Sha Wan, Hong Kong.

Room 406

Wing Ming Industrial Building

15 Cheung Yue Street

Cheung Sha Wan,  

Hong Kong

Founded in 2006

Key Executives for Delsey Asia Limited

Delsey Asia Limited does not have any Key Executives recorded.

Delsey Asia Limited Key Developments

Travelite Holdings Ltd. Announces Extension of Long Stop Date for Completion of the Proposed Joint Venture with Delsey Asia Limited and Delsey Singapore Pte. Ltd

The Board of Directors of Travelite Holdings Ltd. referred to the announcements dated 13 February 2017, 20 February 2017, 4 April 2017, 17 April 2017, 3 May 2017 and 12 May 2017, and the circular to shareholders of the company dated 18 April 2017 relating to the entry into a joint venture and shareholders' agreement dated 13 February 2017 with Delsey Asia Limited and Delsey Singapore Pte. Ltd. ("JVA"). The Board announced that the parties have mutually agreed to extend the long stop date for the fulfilment of the conditions precedent as set out in the JVA, being three months after the date of the JVA, for a further two weeks.

Demarco Pte. Ltd. Announces Joint Venture with Demarco Pte. Ltd. and Delsey Singapore Pte. Ltd

Demarco Pte. Ltd. entered into a joint venture and shareholders' agreementwith Delsey Asia Limited and Delsey Singapore Pte. Ltd. (the "JVC") to jointly undertake the business of distribution, wholesale and retails of luggage and travel accessory products bearing the "Delsey" trademark, name or brand (the "Products") in Singapore, Malaysia and Indonesia (the "Business"), to be managed by the JVC (the "Proposed Joint Venture"). DAL is a company incorporated in Hong Kong and is the authorised master distributor of "Delsey" products in Asia, and had granted Demarco the right to distribute the Products in Singapore, Malaysia and Cambodia pursuant to a distributorship agreement dated 14 May 2014 ("Demarco Delsey Distributorship"). The JVC was incorporated in Singapore on 6 October 2016 with an initial issued and paid up share capital of SGD 2 comprising 2 ordinary shares held by Cheung Kin Man, a director of the JVC, in trust for DAL. The JVC has not commenced business since its incorporation.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 19, 2017
Delsey Luggage Malaysia Sdn. Bhd.
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