KWG Group Holdings Limited and several of its current directors have been censured by the Stock Exchange of Hong Kong Limited for significant lapses in regulatory compliance. The company was found to have delayed the despatch of an information circular related to two major transactions and repeatedly failed to respond to the Exchange's enquiries within the required timeframe. The Exchange also determined that the directors did not exercise reasonable skill, care, and diligence in fulfilling their duties, nor did they ensure the company complied with the Listing Rules. Additionally, authorised representatives failed to maintain effective communication with the Exchange and did not keep the board properly informed of important regulatory matters. The Exchange's disciplinary action highlights deficiencies in KWG Group Holdings Limited's internal controls and regulatory oversight.