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Samsonite International SA (1910.HK)

1910.HK on Hong Kong Stock

28.80HKD
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Fri, Jun 1 2018

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Samsonite CEO makes hasty exit after short-seller attack, shares surge

SHANGHAI/HONG KONG Samsonite International SA said CEO Ramesh Tainwala had stepped down, leaving less than week after a short-seller attacked accounting practices that involved entities owned by his family and accused him of resume padding.

UPDATE 3-Samsonite CEO makes hasty exit after short-seller attack, shares surge

* Swift response welcome but questions remain -analyst (Recasts and adds analyst comment)

Samsonite's shares set to rise 7.8 percent as CEO steps down

HONG KONG Shares of Samsonite International were set to rise 7.8 percent in resumed trade on Friday after it said it had replaced its chief executive following a short-seller attack that caused the firm's shares to plunge.

Samsonite's shares set to rise 7.8 percent as CEO steps down

HONG KONG Shares of Samsonite International were set to rise 7.8 percent in resumed trade on Friday after it said it had replaced its chief executive following a short-seller attack that caused the firm's shares to plunge.

Samsonite's shares set to rise 7.8 pct as CEO steps down

HONG KONG, June 1 Shares of Samsonite International were set to rise 7.8 percent in resumed trade on Friday after it said it had replaced its chief executive following a short-seller attack that caused the firm's shares to plunge.

Samsonite International's CFO Gendreau to replace CEO Tainwala

June 1 Samsonite International SA said on Friday it has replaced Chief Executive Ramesh Dungarmal Tainwala with Chief Financial Officer Kyle Francis Gendreau.

Trading in Samsonite shares halted, pending statement

HONG KONG Trading in shares of Samsonite International SA was suspended on Monday pending a statement from the world's largest luggage maker, just days after a short seller accused it of questionable accounting practices and poor governance.

Trading in Samsonite shares halted, pending statement

HONG KONG Trading in shares of Samsonite International SA was suspended on Monday pending a statement from the world's largest luggage maker, just days after a short seller accused it of questionable accounting practices and poor governance.

Samsonite slides for 2nd day on short-seller attack, some analysts unfazed

HONG KONG Shares in Samsonite International plunged for a second straight day on Friday, bringing its losses to a fifth of market value, after a short seller accused it of questionable accounting practices and poor corporate governance.

UPDATE 2-Samsonite slides for 2nd day on short-seller attack, some analysts unfazed

* Some analysts say Blue Orca underestimating earnings upside (Adds analyst comment, details on Samsonite's business)

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