Kingswood Announces Key Partnership Agreement

Kingswood Holdings Limited (GB:KWG) has released an update.

Kingswood Holdings Limited, an international wealth and investment management group, has announced a related party transaction where its subsidiary, Kingswood Capital Partners, LLC, has entered into a Foreign Finders Agreement with KPI (Nominees) Limited, owned by Kingswood’s Non-Executive Directors. Under this agreement, KPI will receive a referral fee from generated income, capped annually at $5 million, subject to the success of the introductions. The company’s independent directors, in consultation with Cavendish Capital Markets Limited, have deemed the agreement fair and reasonable for shareholders.

For further insights into GB:KWG stock, check out TipRanks’ Stock Analysis page.