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KWG Group Holdings executive director resigns; replacement named

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KWG Group Holdings executive director resigns; replacement named

KWG Group Holdings Ltd., formerly known as KWG Property Holding Ltd., said Li Jianming resigned as an executive director of the company because of his other business and personal commitments.

The Chinese company tapped Cai Fengjia, CEO of KWG Group's real estate business, to replace Jianming.

The appointments were effective Sept. 3.