Joint Venture22 Dec 2025, 08:21 pm
Stanley Lifestyles Ltd Enters into Exclusive License Agreement with Hilker Far East Limited
AI Summary
Stanley Lifestyles Ltd (SLL) has entered into a license agreement with Hilker Far East Limited (Hilker) and Stanley Retail Limited (SRL). According to the agreement, Hilker would grant a manufacturing license to SRL and SLL, providing them with exclusive rights to manufacture, retail, and distribute Hilker products for an agreed royalty. The agreement was executed on 22-12-2025, and the parties involved are Hilker (Licensor), SRL (Licensee), and SLL (Manufacturer). Stanley Retail Limited is a wholly owned subsidiary of Stanley Lifestyles Limited, and there is no other relationship between Hilker, SRL, and SLL. The transaction between SRL and SLL is a related party transaction and will be conducted at arm's length.
Key Highlights
- Stanley Lifestyles Ltd and Stanley Retail Limited enter exclusive license agreement with Hilker Far East Limited.
- Hilker to grant manufacturing license for exclusive rights to manufacture, retail, and distribute Hilker products.
- Transaction between Stanley Retail Limited and Stanley Lifestyles Limited is a related party transaction at arm's length.
- Stanley Retail Limited is a wholly owned subsidiary of Stanley Lifestyles Limited.
- No other relationship between Hilker, Stanley Retail Limited, and Stanley Lifestyles Limited.