Hybrid Kinetic Group Ends Acquisition of 51% Stake in Target Company
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Hybrid Kinetic Group Limited announced the automatic termination of its plan to acquire a 51% equity interest in a target company due to unmet conditions precedent. No penalties will be incurred, and the termination will not impact the company's financial position or operations. The company is also entering the in-vehicle audio-visual and short drama sector, generating revenue.
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