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KWG Group Holdings Renews ICP Property Lease Agreement

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KWG Group Holdings Renews ICP Property Lease Agreement

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KWG Group Holdings ( (HK:1813) ) just unveiled an announcement.

KWG Group Holdings Limited, a company incorporated in the Cayman Islands, has announced the renewal of a property lease agreement. The agreement involves the ICP Property in Guangzhou, China, and is a continuing connected transaction due to the involvement of Mr. Kong, an executive director and CEO of the company, who indirectly owns the lessee. The lease agreement is subject to certain reporting and review requirements under the Hong Kong Listing Rules but does not require independent shareholder approval.

More about KWG Group Holdings

Average Trading Volume: 1,900,246

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.02B

Find detailed analytics on 1813 stock on TipRanks’ Stock Analysis page.

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