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Subsequent Events
3 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 18 – SUBSEQUENT EVENTS

 

On August 4, 2023, the Board of Directors approved the payment of a dividend of $0.05 per share, payable on August 23, 2023 to stockholders of record as of the close of business on August 16, 2023.

 

On July 12, 2023, Treasure Success entered into a memorandum of understanding (the “MOU”) with Newtech Textile (HK) Limited for the possible establishment of a fabric facility in Jordan. The MOU is not legally binding except for the provisions on exclusivity, confidentiality, and governing law.