Kinetic Development Group Limited is acquiring Taiyuan Seedland and Dongzhimen properties. As part of the process, Kinetic Shanxi will assume ownership of Taiyuan Seedland after completing the required equity transfer procedures and obtaining a new business license. The completion of the acquisition is subject to several conditions, including obtaining necessary approvals and lifting an equity freeze. The company also recently entered into a share transfer agreement dated 1 November 2024 for related acquisitions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinetic Development Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251205-11945381), on December 04, 2025, and is solely responsible for the information contained therein.
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