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An announcement from Kaili Resources Limited ( (AU:KLR) ) is now available.
Kaili Resources Limited has clarified the status of a previously disclosed arrangement involving its chairman, Jianzhong Yang, and Yitai Group (Hongkong) Limited concerning a large shareholding in the company and associated loans. The company reports that as of 31 December 2025, Yitai has not exercised its right to repurchase Treasure Unicorn Limited, which holds 75,734,441 Kaili shares, nor has it exercised its option to have loans amounting to approximately $4.6 million reassigned back to it. The expiry of these rights without exercise removes an element of uncertainty around potential changes in major shareholding and loan arrangements, stabilising the company’s current ownership and financing structure for stakeholders.
More about Kaili Resources Limited
Kaili Resources Limited is an Australia-based listed company, with its shares traded on the ASX and corporate offices in Sydney, focused on resource-sector activities and related investments.
Average Trading Volume: 236,938
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.53M
For an in-depth examination of KLR stock, go to TipRanks’ Overview page.