Samsonite International SA (1910.HK)
23 May 2018
HONG KONG Shares of Samsonite International SA were set to fall 9 percent on Friday as trade resumes after short seller Blue Orca said the world's largest luggage maker had questionable accounting practices.
HONG KONG, May 24 Shares in Samsonite International SA fell to a 9-month low on Thursday after a short seller issued a report saying the world's largest luggage maker had questionable accounting practices and poor corporate governance.
* UPDATES ON REFINANCING OF SENIOR CREDIT FACILITIES THROUGH ISSUANCE OF 350 MILLION 3.500 PCT SENIOR NOTES DUE 2026 OF SAMSONITE FINCO
* FY PROFIT ATTRIBUTABLE US$334.3 MILLION VERSUS US$255.7 MILLION
BRIEF-Oracle Corp says Samsonite Europe Is Extending Alliance With Oracle Retail To Adopt Order Broker Cloud Service
* ORACLE CORP - SAMSONITE EUROPE IS EXTENDING THEIR ALLIANCE WITH ORACLE RETAIL TO ADOPT ORDER BROKER CLOUD SERVICE Source text for Eikon: Further company coverage: