Kinetic Mines & Energy Ltd. (HK:1277) has released an update.
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Kinetic Development Group Limited has successfully completed the acquisition of certain target properties and equity interests, making Taiyuan Hetai an indirect wholly-owned subsidiary of the group. The transaction, previously detailed in announcements and a circular earlier this year, was finalized on 3 June 2024. This strategic move could potentially influence the company’s market position and investor interest.
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