Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

TCL Communication Technology Holdings  Ltd / Event-Driven

TCL Communication Technology Holdings  Ltd (2618/OLD HK)

TCL Communication Technology Holdings  Ltd

<h2>Spread Performance</h2><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/011/618/original/spread%20analysis%20for%20tcl.png?1470962814" class="editor-image img-responsive" data-smartkarma-image-id="11618"></figure><p> </p><div>
<p>After the scare on 9 August 2016 which saw 37.9m shares voting against a resolution for the purpose of amending the share award scheme, TCL's spread widened from 4.90% to 9.01% before closing at 7.76% today (11 August). </p>
<p>Communication to Shareholders has been atrocious. Most shareholders will not know the actual reason behind the 37.9m 'No' vote.</p>
<p><em>The first rep at TCL I spoke to did not mention a word of Glass Lewis; It is likely that this same person had said the same thing to</em>…</p>
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Spread Performance 
After the scare on 9 August 2016 which saw 37.9m shares voting against a resolution for the purpose of amending the share award scheme, TCL's spread widened from 4.90% to 9.01% before closing at 7.76% today (11 August). 
Communication to Shareholders has been atrocious. Most shareholders will not know the actual reason behind the 37.9m 'No' vote.
The first rep at TCL I spoke to did not mention a word of Glass Lewis; It is likely that this same person had said the same thing to…


TCL Communication Technology Holdings Ltd

TCL - Update on 9 Aug 2016 EGM Results