Kennox Comments on Texwinca

The Kennox Strategic Value Fund’s 4Q 2016 report included some commentary on Texwinca Holdings (Texwinca). As of the end of February 2017, Texwinca was the fourth largest holding of the fund (~4.1% of the portfolio). Highlights / excerpts are included below. Company overview: Hong Kong listed textile company; core business provides high-end fabrics to global branded clothing […]