Summary by Futu AI
Kinetic Dev Group Limited announced that the letter to shareholders originally scheduled to be sent before June 30, 2024 regarding the major and related transactions of the acquisition of 75% equity of Changlin, including acquisition agreement, target company and mine details, financial information and other important information, will be postponed. Due to the need for more time to complete the reorganization and prepare relevant information and reports, the expected date of the letter's issuance will be postponed to before June 30, 2025. The board of directors of Kinetic Dev Group currently consists of seven directors, including three executive directors, one non-executive director, and three independent non-executive directors.