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 […]