Liquidation: Jerash Holdings (US), Inc.
Form Type: 8-K
Filing Date: 2025-06-20
Corporate Action: Liquidation
Type: New
Accession Number: 000121390025056171
Filing Summary: On June 16, 2025, Jerash Holdings (US), Inc. reported the termination of a Joint Venture and Shareholder’s Agreement with P. T. Eratex (Hong Kong) Limited regarding their joint venture company, J&B International Limited. The decision to terminate J&B’s business operations and dissolve the joint venture was made during a meeting of shareholders, with the process including the completion of outstanding sales orders, collection of receivables, and addressing potential customer liabilities. The termination is expected to be finalized by April 2027, with the Agreement being formally terminated upon the dissolution of J&B.
Additional details:
Termination Date: 2025-06-16
Joint Venture Name: J&B International Limited
Equity Interest Treasure Success: 51%
Equity Interest Eratex: 49%
Expected Completion Date: 2027-04
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