SOURCE: Ka Wang Holding Inc.

April 27, 2007 14:06 ET

Ka Wang Holding Inc. Announces Intentions to Become Major Retailer in Southern China

LAS VEGAS, NV -- (MARKET WIRE) -- April 27, 2007 -- Ka Wang Holding Inc. (PINKSHEETS: KWGI), 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 Italian brands and are the sole agency in the far east for these lines. From one store in 1980, Ka Wang has expanded into 70 retail stores in the southern part of China. Along with name brands, 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, everyday people are becoming more conscious of designer wear labels. Ka Wang 2006 sales reached 80 million and are currently looking to expand into every major city in China. The company's net income ranges from 20-23 percent. Ka Wang believes that they are on the cusp of becoming one of the major players in the retail department store area in China.

Ka Wang Holding Inc.'s main goal is to keep their investors informed and abreast of happenings with the company.

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. For additional information, please contact Ka Wang Holding Inc., Ruzao Zheng, (702) 995-0477.

Contact Information

  • For additional information, please contact
    Ka Wang Holding Inc.
    Ruzao Zheng
    (702) 995-0477