Kinetic Mines & Energy Ltd. (HK:1277) has released an update.
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Kinetic Mines & Energy Ltd. has successfully secured shareholder approval for the acquisition of 100% equity interests in Maoming Shengda and Maoming Shengcheng. The decision was overwhelmingly supported at the extraordinary general meeting with a notable 99.99% of votes in favor. This acquisition marks a strategic expansion for Kinetic, enhancing its position in the energy sector.
For further insights into HK:1277 stock, check out TipRanks’ Stock Analysis page.
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