Brief: Lansdowne Partners' Craigen explains short thesis for SMC Corp

SMC

30/11/2017 13:05

Nov 30 (Reuters) - Smc Corp  6273.T : 
    * SOHN CONFERENCE IN LONDON: LANSDOWNE PARTNERS' DAVID 
CRAIGEN 
EXPLAINS SHORT THESIS FOR SMC CORPORATION 
    * SOHN CONFERENCE - LANSDOWNE'S CRAIGEN QUESTIONS WHY SMC 
CORPORATION NOT AUDITED BY BIG FOUR FIRM 
    * CRAIGEN SAYS: "LONGSTANDING CONCERNS ABOUT SMC GOVERNANCE 
AND 
ACCOUNTS HAVEN'T BEEN SETTLED." 
    * SMC SPOKESMAN IN LONDON NOT IMMEDIATELY AVAILABLE FOR 
COMMENT 
    * SMC HAS PREVIOUSLY REJECTED CONCERNS RAISED BY 
SHORT-SELLERS AND 
SAID IT FOLLOWS AN APPROPRIATE ACCOUNTING METHOD  urn:newsml:reuters.com:*:nL4N1E829J  
 
Further company coverage:  6273.T  
 
 (Reporting by Maiya Keidan and Alasdair Pal; Editing by Adrian 
Croft) 
 ((adrian.croft@thomsonreuters.com;))