SOURCE: Ka Wang Holding, Inc.

July 11, 2007 09:00 ET

Ka Wang Announces the Newest Store in Macau, China

LAS VEGAS, NV--(Marketwire - July 11, 2007) - Ka Wang Holding, Inc. (PINKSHEETS: KWGI), parent company of Ka Wang Department Stores, located in Southern China, announces the opening of their newest store in Macau, China next to the famous Sands Casino. It is expected to be one of the top producing stores in the chain. The Sands Casino of Macau was opened in 2004, becoming the first of the Western-operated Macau hotels and casinos. Since Macau is a duty-free port, shopping has become a popular attraction. Ka Wang's designer label lines together with their custom tailored clothing will be featured. Also Ka Wang is preparing audited financials, and hopes to have them completed within the next 60-90 days.

About Ka Wang Holdings, Inc.

Ka Wang Holding, Inc., parent company of Ka Wang Department Stores in Southern China, has been operating since 1980. Their main business is high-end designer clothing for men and women. Ka Wang carries many of the top brands and has joint ventured with the famous Italian design brand "Jagger" to be their sole agency in the Far East. They also have their own manufacturing factory where they design, research and develop their own clothing lines for wholesale and retail customers. With the standard of living in China improving, the general population is becoming more conscious of designer wear labels. Ka Wang's 2006 sales reached $80 million with net income exceeding 30%.

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

Contact Information

  • For additional information, please contact:
    Ka Wang Holding Inc.
    Ruzao Zheng
    (702) 995-0477
    The Website address is http://www.jagger.com.cn