KWG Living Updates on 50% Stake Acquisition in Guangdong Telijie

Reuters

Jan 12

KWG Living Updates on 50% Stake Acquisition in Guangdong Telijie

KWG Living Group Holdings Ltd. has provided an update regarding its acquisition of a 50% equity interest in Guangdong Telijie Environmental Engineering Co., Ltd., first announced in January 2022. Following completion, KWG Living Group now holds a 55% stake in Guangdong Telijie, making it a non-wholly owned subsidiary. The agreement includes a performance guarantee from the vendors covering the three years ending 31 December 2024. If the accumulated audited net profit before non-recurring items during this period falls short of the guaranteed amount, the vendors are required to compensate the group. The assessment for this guarantee will be conducted using audited reports for the years 2022, 2023, and 2024, and any compensation will be settled in cash or a manner determined by the group. Further updates will be provided as appropriate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kwg Living Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260112-11988287), on January 12, 2026, and is solely responsible for the information contained therein.

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ID: HKEX-EPS-20260112-11988287), on January 12, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03913","symbol_name":"合景悠活","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260112:nNDL5LJRrC:1","article_id":"2602354841","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602354841","pubTimestamp":1768225011,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"KWG Living Group Holdings Ltd. has provided an update regarding its acquisition of a 50% equity interest in Guangdong Telijie Environmental Engineering Co., Ltd., first announced in January 2022. 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If the accumulated audited net profit before non-recurring items during this period falls short of the guaranteed amount, the vendors are required to compensate the group. The assessment for this guarantee will be conducted using audited reports for the years 2022, 2023, and 2024, and any compensation will be settled in cash or a manner determined by the group. Further updates will be provided as appropriate.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kwg Living Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260112-11988287), on January 12, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}