Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Kingswood Holdings subsidiary agrees referral fee pact

22nd Jul 2024 20:31

Kingswood Holdings Ltd - London-based wealth and investment management company - Kingswood Capital Partners LLC, a wholly-owned subsidiary of Kingswood US LLC, which is just over 50% owned by Kingswood, enters into a foreign finders agreement with KPI (Nominees) Ltd. For each referral made by KPI to KUS, a proportion of the fees generated by that introduction will be payable by KUS to KPI. The fee is agreed by KUS and KPI on each introduction, and payable by KUS to KPI upon success. Referral fees payable are capped at USD5 million per annum.

Current stock price: 11.60 pence

12-month change: down 42%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights reserved.

FTSE 100 Latest
Value8,262.08
Change112.81