News Releases

These are news releases that are related to our Investor efforts. Releases are listed in chronological order and are archived by year. Sign-up to receive news as it is released using the email and RSS tools below.

  • KBS Fashion Group Limited Announces Signing of Cooperative Agreement to Open Amazon and Alibaba Express Online Stores

    SHISHI, China, April 17, 2018 /PRNewswire/ -- KBS Fashion Group Limited (KBSF) ("KBS" or the "Company"), a vertically-integrated casual menswear company in China, today announced that its China-based subsidiary, Hongri (Fujian) Sports Goods Co. Ltd. ("Hongri") entered into a cooperative agreement with Hangzhou Si Teng Internet Technology Co. Ltd ("Si Teng E-commerce"), under which Hongri authorized Si Teng E-commerce to open, operate and maintain online stores through Amazon US and Alibaba Express to sell Hongri products on their behalf. The online stores are expected to be launched in June of 2018.

  • KBS Fashion Group Limited Announces Exploring Opportunities in AI Technology

    SHISHI, China, March 28, 2018 /PRNewswire/ -- KBS Fashion Group Limited (KBSF) ("KBS" or the "Company"), a vertically-integrated casual menswear company in China, today announced that the Company is exploring opportunities in investing and developing new artificial intelligence technologies that may offer significant values to the apparel industry.

  • KBS Fashion Group Limited announces a new long term contract

    SHISHI, China, March 15, 2018 /PRNewswire/ -- KBS Fashion Group Limited (NASDAQ: KBSF) ("KBS" or the "Company"), a vertically-integrated casual menswear company in China, today announced that its China-based subsidiary, Anhui Kai Xin Co., Ltd ("Kai Xin") entered into a long term strategic cooperation agreement with Hangzhou Zhi Yin Apparel Clothes Co., Ltd., a major producer of children's apparel in China ("Zhi Yin"), under which, Kai Xin will act as a long term supplier of down jackets to Zhi Yin. It is estimated that pursuant to the agreement, KBS will generate an additional RMB 25 million (approximately US$ 4 million) of revenue in fiscal year 2018.

  • KBS Fashion Group Limited Announces Senior Management and Directors Change

    SHISHI, China, Jan. 25, 2018 /PRNewswire/ -- KBS Fashion Group Limited (KBSF) ("KBS" or the "Company"), a vertically-integrated casual menswear company in China, today announced that due to personal reasons, Mr. Xiaowen Zheng has tendered his resignations as Chief Executive Officer ("CEO"), President and director of the Company. As a result of Mr. Zheng's resignation, the Board of Directors of the Company reduced the size of the Board to seven. Mr. Keyan Yan, the Chairman of KBS, was appointed by the Board as the Company's CEO and President, effective immediately. Mr. Zheng's resignation was not a result of any disagreement or dispute with the Company or its management regarding any matters relating to operations, policies or practices of the Company.

  • KBS Fashion Group Limited Announces Financial Results for the Second Quarter and First Half of 2017

    SHISHI, China, Dec. 19, 2017 /PRNewswire/ -- KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the second quarter and the first half of 2017.

  • KBS Fashion Group Limited Announces Senior Management and Board of Directors Changes

    SHISHI, China, Nov. 7, 2017 /PRNewswire/ -- KBS Fashion Group Limited (KBSF) ("KBS" or the "Company"), a vertically-integrated casual menswear company in China, today announced changes to its senior management and Board of Directors (the "Board").

  • KBS Fashion Group Limited Announces First Quarter 2017 Financial Results

    SHISHI, CHINA / ACCESSWIRE / June 27, 2017 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the first quarter ended March 31, 2017.

  • KBS Fashion Group Limited Announces Revised Effective Date of One-for-Fifteen Reverse Stock Split

    ​SHISHI, CHINA / ACCESSWIRE / February 8, 2017 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced that after further communication with Nasdaq, it is expected that the Company's common stock will begin trading on the NASDAQ Stock Market on a split-adjusted basis when the market opens on February 9, 2017. The Company previously announced that the reverse stock split would become effective at the opening of trading on February 8, 2017.

  • KBS Fashion Group Limited Announces Results of Special Meeting of Shareholders and One-for-Fifteen Reverse Stock Split

    ​SHISHI, CHINA / ACCESSWIRE / February 3, 2017 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced that the results of its Special Meeting of Shareholders (the "Special Meeting") held on February 3, 2017 in Shishi, China were that the Board of Directors has approved a one-for-fifteen reverse stock split.

  • KBS Fashion Group Limited Announces Date for Special Meeting of Shareholders

    SHISHI, CHINA / ACCESSWIRE / January 23, 2017 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced that it will hold a special meeting of shareholders on February 3, 2017 at 9 a.m., local time, at the Company's headquarters, Xin Fengge Building, Yupu Industrial Park, Shishi City, Fujian Province 362700, People's Republic of China. KBS shareholders of record at the close of business on January 6, 2017 are entitled to receive notice of and to vote at the special meeting.

  • KBS Fashion Group Limited Announces Third Quarter 2016 Financial Results

    SHISHI, CHINA / ACCESSWIRE / November 7, 2016 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the third quarter period ended September 30, 2016.

  • KBS Fashion Group Limited Announces Second Quarter 2016 Financial Results

    SHISHI, CHINA / ACCESSWIRE / November 7, 2016 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the second quarter of 2016. The unaudited consolidated financial statements and other financial information included in this press release have been prepared in conformity with International Financial Reporting Standards ("IFRS").

  • KBS Fashion Group Limited Granted 180-Day Extension by NASDAQ to Regain Compliance with Minimum Bid Price Rule

    SHISHI, CHINA / ACCESSWIRE / September 2, 2016 / KBS Fashion Group Limited (NASDAQ: KBSF) ("KBS" or the "Company"), a leading fully-integrated casual menswear company in China announced today that on August 31, 2016, it received a notification from the NASDAQ Stock Market indicating that the Company will have an additional 180-day grace period, until February 27, 2017 to regain compliance with NASDAQ's $1.00 minimum bid requirement.

  • KBS Fashion Group Limited Launches "Eco-Fashion" Campaign Which is Expected to Increase Sales Drive its Expansion to the Global Apparel Markets

    SHISHI, CHINA / ACCESSWIRE / August 22, 2016 / KBS Fashion Group Limited (NASDAQ: KBSF) ("KBS" or the "Company"), a leading fully-integrated casual menswear company in China, today announced it has launched an "eco-fashion" campaign (the "Campaign") to promote environmental awareness and sustainability both at the Company and in the fashion/ apparel industry.

  • KBS Fashion Group Limited Announces it has Signed Letter of Online Sales via 16993.com of Jiangsu Spring Fountain Networks Technology Limited and Possible Further Investment Relationship

    SHISHI, CHINA / ACCESSWIRE / August 17, 2016 / KBS Fashion Group Limited (the "Company" or (NASDAQ:KBS) announces it has signed a Letter of sales online via 16993.com, a O2O platform provided by Jiangsu Spring Fountain Networks Technology Limited, which currently has 16 million existing users.

  • KBS Fashion Group Limited Announces First Quarter 2016 Financial Results

    SHISHI, CHINA--(Marketwired - Jul 6, 2016) - KBS Fashion Group Limited ( NASDAQ : KBSF ) ("KBS" or the "Company"), a leading fully-integrated casual menswear company in China, today announced its financial results for the first quarter ended March 31, 2016.

  • KBS Fashion Group Limited Announces Full Year 2015 Financial Results

    SHISHI, CHINA--(Marketwired - May 2, 2016) - KBS Fashion Group Limited ( NASDAQ : KBSF ) ("KBS" or the "Company"), a leading fully-integrated casual menswear company in China, today announced its financial results for the fiscal year ended December 31, 2015.

  • KBS Fashion Group Limited Retains Weitian Group for Investor Relations

    ​SHISHI, CHINA / ACCESSWIRE / March 22, 2016 / KBS Fashion Group Limited (“KBS” or the “Company”) (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, today announced that it has retained Weitian Group LLC (“Weitian”) for investor relations and corporate communications services.

  • KBS Fashion Group Limited Announces It Has Signed Letter of Intent for the Evaluation of Acquisition of Venus Veil Ltd.

    ​SHISHI, CHINA / ACCESSWIRE / January 15, 2016 / KBS Fashion Group Limited (the "Company" or "KBS") announces it has signed a non-binding Letter of Intent for evaluating a possible acquisition of Venus Veil Ltd. a leading cross-border E-Commerce and Catalogue Sale company in China, which currently sells Japanese consumer products in China's domestic markets. Consummation of the transaction is subject to entry into a definitive agreement between the parties containing specific closing terms and conditions yet to be negotiated.

  • KBS Fashion Group Limited Announces First Half 2015 Financial Results

    SHISHI, CHINA / ACCESSWIRE / December 16, 2015 / KBS Fashion Group Limited ("KBS" or the "Company") (KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the six month period ended June 30, 2015.

  • KBS Fashion Group Limited Announces the Filing of Its 2014 Annual Report on Form 20-F

    SHISHI, CHINA / ACCESSWIRE / November 4, 2015 / KBS Fashion Group Limited (KBSF) (the "Company") today announces Filing of its 2014 Annual Report on Form 20-F.

  • KBS Fashion Group Limited Announces the Appointment of Matthew C. Los to its Board of Directors and Audit Committee

    SHISHI, CHINA / ACCESSWIRE / October 8, 2015 / KBS Fashion Group Limited (KBSF) (the "Company") today announced the appointment of Matthew C. Los to its Board of Directors and Chairman of the Audit Committee.

  • KBS Fashion Group Limited Announces the Appointment of a New Chief Financial Officer

    SHISHI, CHINA / ACCESSWIRE / July 9, 2015 / KBS Fashion Group Limited (the "Company") today announced the appointment of a new CFO, Ms. Lixia Tu on July 2nd, 2015.

  • KBS Fashion Group Limited Announces Resignation of Independent Directors

    SHISHI, CHINA / ACCESSWIRE / June 18, 2015 / KBS Fashion Group Limited (the "Company") (KBSF) today announced that Stanley Wong, its Chief Financial Officer

  • KBS Fashion Group Limited Receives NASDAQ Deficiency Notice

    SHISHI, CHINA / ACCESSWIRE / May 8, 2015 / KBS Fashion Group Limited (KBSF) (the "Company") today announced that on May 5, 2015, the Company received a letter from the Listing Qualifications Department of The NASDAQ Stock Market LLC ("NASDAQ") stating that since the Company has not yet filed its Form 20-F for the year ended December 31, 2014 (the "Filing"), it is no longer in compliance with Listing Rule 5250(c)(1) for continued listing.

  • KBS Fashion Group Limited Announces First Half 2014 Financial Results

    KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the six month...

  • KBS Fashion Group Limited Announces Engagement of BDO Shu Lun Pan as Auditor

    KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), formerly known as Aquasition Corp., a leading fully-integrated casual menswear company in China, today announced that it has...

  • KBS Fashion Group Limited Announces Launch of New Investor Relations Website

    KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), formerly known as Aquasition Corp. (NASDAQ: AQU), a leading fully-integrated casual menswear company in China, today unveiled its...

  • Aquasition Corp. Announces Corporate Name Change to KBS Fashion Group Limited

    Aquasition Corp. (NASDAQ: AQU) (the "Company"), a company engaged in the design, manufacturing, marketing, distribution and sale of casual menswear in China, today announced that it has changed...

  • Acquisition Corp. Provides Corporate Update to Shareholders

    Aquasition Corp. (the "Company") (NASDAQ: AQU), a company engaged in the design, manufacturing, marketing, distribution and sale of casual menswear in China, today announced a corporate...