An update from KWG Group Holdings ( (HK:1813) ) is now available.
KWG Group Holdings Limited has announced the renewal of its property lease agreements for various commercial properties in Guangzhou and Shanghai. These agreements, effective from March 21, 2025, involve connected transactions due to the involvement of Mr. Kong, an executive director and CEO of the company, who indirectly owns the lessees. The transactions are subject to certain reporting and review requirements under the Hong Kong Listing Rules but do not require independent shareholders’ approval.
More about KWG Group Holdings
KWG Group Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in property development and investment. It operates in the real estate sector, focusing on commercial properties in major Chinese cities such as Guangzhou and Shanghai.
YTD Price Performance: -4.00%
Average Trading Volume: 1,665
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $171.5M
For detailed information about 1813 stock, go to TipRanks’ Stock Analysis page.