Financial News
Written by: Kuang Yueting
2021-05-23 15:31
Last update date: 2021-05-23 15:32
Television Broadcasting (TVB) (0511) will hold its annual general meeting on Wednesday (26th). According to media reports, netizens who claim to be shareholders of the company set up groups on Facebook. They mentioned that since Li Ruigang became a major shareholder of TVB in April 2015 , The stock price has been falling, and it questioned TVB's previous decision to participate in a number of cost-loss investments.
The group also used "TVB Minor Shareholders Concern Group Five Questions about Li Ruigang" and sent them to some media via e-mail, including requesting major shareholder Li Ruigang to explain whether the company will be considered privatized. In reply before the meeting, they will oppose their re-appointment to the management.
A TVB spokesperson replied to Ming Pao’s inquiry that the content of the letter was misleading and defamatory, and the group reserves the right to pursue legal proceedings.
The Concern Group did not reply to the reporter's query.
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Television Broadcasting (TVB) lost 280 million yuan last year from the mainland, revenue increased 46% to more than 800 million yuan
TVB|It is rumored that Li Baoan proposed to retire after the shareholders meeting.
TVB TVB Television Broadcasting Co., Ltd.