Kwung’s Aroma Sets Up Thai Land Deal via Local Partner Amid Regulatory Hurdles
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Kwung’s Aroma Holdings Limited is expanding its presence in Thailand by acquiring three plots of land for THB146.9 million through local subsidiaries. Due to regulatory hurdles, the company has partnered with a local individual to temporarily acquire the land while awaiting necessary approvals. This structure allows Kwung’s to maintain control while adhering to Hong Kong listing rules. The latest analyst rating for Kwung’s Holdings (HK:1925) is a Buy with a price target of HK$1.00, reflecting positive market sentiment.
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