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.
“We’re very pleased to partner with Weitian to enhance our communications with investors and to broaden our capital market outreach both in the U.S. and in China,” said Keyan Yan, Chairman and Chief Executive Officer of KBS. “With deep knowledge of the U.S. capital market and the Chinese corporate culture, we believe the Weitian team is uniquely positioned to help raise our profile in the market place. We look forward to working closely with the Weitian team to develop a coordinated investor and market awareness strategy for KBS.”
“We are delighted to be selected by KBS to help enrich its investor relations and corporate communications programs,” stated Tony Tian, CFA, President of Weitian. “With its fully integrated platform for branding, designing, manufacturing, selling and distributing casual menswear, and strong brand presence coverings 17 of China’s 32 provinces and centrally administrated municipalities, we believe KBS is well positioned for growth in years to come. Currently trading below its per-share cash value, shares of KBSF offer potential for oversized rewards for investors, in our view.”
About KBS Fashion Group Limited
Headquartered in Shishi, China, KBS Fashion Group Limited, through its subsidiaries, is engaged in the business of designing, manufacturing, selling and distributing its own casual menswear brand, KBS, through a network of 83 KBS stores and over a number of multi-brand stores. To learn more about the Company, please visit its corporate website atwww.kbsfashion.com.
Safe Harbor Statement
This press release may contain certain “forward-looking statements” relating to the business of KBS Fashion Group Limited, and its subsidiary companies. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For further information, please contact:
Mr. Themis Kalapotharakos
Ms. Lisa Tu
Chief Financial Officer
T: +86 158-5972-2469
Ms. Tina Xiao
Weitian Group LLC
T: +1 917-609-0333