{"url_path":"/sec/nwgl/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 **","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-04-27","source_url":"https://www.sec.gov/Archives/edgar/data/1948294/0001493152-26-019023-index.html","accession_number":"0001493152-26-019023","cik":"0001948294","ticker":"NWGL","issuer_name":"CL Workshop Group Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1948294/0001493152-26-019023-index.html","primary_entity_key":"0001948294","primary_entity_name":"CL Workshop Group Ltd"},"word_count":468,"has_tables":true,"body_markdown":"**ITEM\n7.**\n**MAJOR\nSHAREHOLDERS AND RELATED PARTY TRANSACTIONS**\n\n \n\n**7.A.\nMajor Shareholders**\n\n \n\nSee\n“Item 6. Directors, Senior Management and Employees—E. Share Ownership.”\n\n \n\n50\n\n \n\n \n\n**7.B.\nRelated Party Transactions**\n\n \n\nSet\nforth below are the related party transactions of our Group that occurred during the past three fiscal years up to the date of this report.\n\n \n\nName \nRelationship \nNature \n\n**For the year ended**\n\n**December 31, 2025**\n  \nFor the year ended\nDecember 31, 2024  \nFor the year ended\nDecember 31, 2023 \n\nMr. Hok Pan Se \nNote (i) \nInterest expense on shareholder loans \n 18,999  \n 73,102  \n 197,066 \n\nMr. Hok Pan Se \nNote (i) \nInterest expense on convertible bonds \n -  \n -  \n 71,865 \n\nFo Shan Sunde Daziran Investment Management Limited \nNote (ii) \nLease payments made \n -  \n -  \n 55,263 \n\nFo Shan Sunde Changcheng Management Limited \nNote (iii) \nLease payments made \n -  \n 20,535  \n 6,523 \n\nNature Flooring Industries Inc \nNote (iv) \nRevenue \n 24,077  \n -  \n - \n\nProwood (Cambodia) Flooring Co., Ltd \nNote (v) \nRevenue \n 4,889,874  \n -  \n - \n\nTaizhou Nature Home Furnishings Co., Ltd \nNote (vi) \nRevenue \n 21,820  \n -  \n - \n\nTotal \n  \n  \n 4,954,770  \n 96,637  \n 330,717 \n\n \n\n(i)\nMr.\nHok Pan Se ceases to be ultimate beneficial shareholder from October 2025 after completed the transfer of the company’s share\nto the new ultimate beneficial shareholder and no control or significant influence remain over the company after the completion of\ntransaction.\n\n(ii)\nFo\nShan Sunde Daziran Investment Management Limited ceases to be related party from October 2025 after the former ultimate beneficial\nholder completed the transfer of the company’s share to the new ultimate beneficial shareholder and no control or significant\ninfluence remain by the former ultimate beneficial holder over the company after the completion of transaction.\n\n(iii)\nFo\nShan Sunde Changcheng Management Limited ceases to be related party from September 2024 after the former ultimate beneficial shareholder\nlose the control over this related company.\n\n(iv)\nNature\nFlooring Industries Inc ceases to be related party from October 2025 after the former ultimate beneficial holder completed the transfer\nof the company’s share to the new ultimate beneficial shareholder and no control or significant influence remain by the former\nultimate beneficial holder over the company after the completion of transaction.\n\n(v)\nProwood\n(Cambodia) Flooring Co., Ltd ceases to be related party from October 2025 after the former ultimate beneficial holder completed the\ntransfer of the company’s share to the new ultimate beneficial shareholder and no control or significant influence remain by\nthe former ultimate beneficial holder over the company after the completion of transaction.\n\n(vi)\nTaizhou\nNature Home Furnishings Co., Ltd ceases to be related party from October 2025 after the former ultimate beneficial holder completed\nthe transfer of the company’s share to the new ultimate beneficial shareholder and no control or significant influence remain\nby the former ultimate beneficial holder over the company after the completion of transaction.\n\n \n\n51\n\n \n\n \n\n**7.C.\nInterests of Experts and Counsels**\n\n \n\nNot\napplicable."}