KWG Group Delays Circular on Joint-Venture Disposal, Applies for Listing Rules Waiver

Bulletin Express

Jun 16

KWG Group Holdings Limited announced a postponement in sending its shareholder circular related to the proposed disposal of an interest in a joint-venture company.

The circular, originally scheduled for distribution by 16 June 2026, will now be dispatched on or before 24 July 2026. Management stated that additional time is needed to finalise the financial and other required information.

Consequently, the company has applied to The Stock Exchange of Hong Kong Limited for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules. A further notice will be issued once the exchange confirms the waiver.

The board currently comprises seven directors, including Chairman Kong Jianmin and Chief Executive Officer Kong Jiantao, alongside three independent non-executive directors.

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