RonaldNixon
2022-01-06

If I read this correctly, the action was initiated by SE, not Tencent. "The board believes that, as Sea has scaled significantly to become a leading global consumer internet company, it is in the best interests of the company in pursuing its long-term growth strategies to future..."

"Chinese gaming and social media company Tencent Holdings Ltd has agreed ...."So I don't see how this is a negative to SE. Is there a dilution in shares ? or a cost to SE ? Anybody can clarify?$Sea Ltd(SE)$ $TENCENT(00700)$

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