KWG Living Group Addresses Regulatory Breach and Director Suitability
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KWG Living Group Holdings Limited (HK:3913) reported a regulatory breach involving directors Mr. Kong Jianmin and Mr. Kong Jiannan due to ineffective internal controls and communication failures with the Hong Kong Stock Exchange. The company asserts there is no evidence of dishonesty or fraud, and both directors will continue in their roles after completing compliance training. The latest analyst rating for HK:3913 is a Hold with a price target of HK$0.50. KWG Living operates in the real estate sector, focusing on property management services, with a market cap of HK$500.4M.
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