Brief: Techtronic Industries Published Detailed Response To Short Seller Report

Techtronic Industries Co

01/03/2023 04:09

March 1 (Reuters) - Techtronic Industries Co Ltd
 0669.HK :
    * DELIVERED ORGANIC TOPLINE GROWTH OF 13% AT A CAGR OVER
PAST 13
YEARS
    * ALLEGATIONS IN REPORT TO BE "BIASED AND MISLEADING"
    * AUDIT COMMITTEE CONDUCTED AN INTERNAL REVIEW OF
ALLEGATIONS
    * JEHOSHAPHAT IS A SHORT SELLER "WHOSE INTERESTS MAY NOT BE
ALIGNED WITH THOSE OF CO'S SHAREHOLDERS"
    * "VIGOROUSLY" DENIES ALL ALLEGATIONS IN REPORT
    * RESERVES RIGHT TO TAKE LEGAL ACTION AGAINST JEHOSHAPHAT

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