Brief: Esprit Says North Point Talent Becomes Its Largest Shareholder

Esprit Holdings

10/07/2020 09:30

July 10 (Reuters) - Esprit Holdings Ltd  0330.HK :
    * SAYS IT WELCOMES THE NEW INCREASED SHAREHOLDING OF NORTH
POINT
TALENT LIMITED, NOW ESPRIT'S LARGEST SHAREHOLDER
    * SAYS IT ALWAYS READY TO HAVING AN OPEN AND TRANSPARENT
DIALOGUE
WITH SHAREHOLDERS ABOUT ITS BUSINESS STRATEGY
    * SAYS IT IS IN THE PROCESS OF ASSESSING ARGUMENTS POSED BY
NORTH
POINT TALENT, AND WILL SEEK FURTHER CLARIFICATION ON THEIR
VISION FOR THE BUSINESS
    * SAYS ANY CONTEMPLATED REMOVAL OF EXECUTIVE DIRECTORS WOULD
BE A
THREAT TO THE GOING CONCERN OF THE BUSINESS

Further company coverage:  0330.HK 

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@thomsonreuters.com; 852-2841 5763;))