Kwung’s Holdings Expands Manufacturing with New Leases

Kwung’s Holdings Limited (HK:1925) has released an update.

Kwung’s Holdings Limited has announced the signing of two tenancy agreements for leasing production facilities in Ningbo City, Zhejiang Province, from August 2024 to October 2025. The agreements involve leasing significant square footage for the company’s home decoration product manufacturing. The transactions are connected as they involve a substantial shareholder’s associates and family members, highlighting potential insider relationships.

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