Edition:
India

iKang Healthcare Group Inc (KANG.OQ)

KANG.OQ on NASDAQ Stock Exchange Global Select Market

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19 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Ikang Enters Into Definitive Merger Agreement For Going Private Transaction
Monday, 26 Mar 2018 

March 26 (Reuters) - Ikang Healthcare Group Inc ::IKANG ENTERS INTO DEFINITIVE MERGER AGREEMENT FOR GOING PRIVATE TRANSACTION.IKANG HEALTHCARE GROUP - ‍IK HEALTHCARE INVESTMENT LIMITED WILL ACQUIRE CO FOR CASH CONSIDERATION OF $41.20 PER CLASS A SHARE OR CLASS C SHARE OF CO.IKANG HEALTHCARE GROUP - ‍IK HEALTHCARE INVESTMENT LIMITED WILL BE BENEFICIALLY OWNED BY SPONSORS, LEE LIGANG ZHANG, AND BOQUAN HE.IKANG HEALTHCARE GROUP INC - ‍CASH CONSIDERATION OPTION OF $41.20 PER CLASS A SHARE OR CLASS C SHARE OF COMPANY OR US$20.60 PER ADS OF CO.  Full Article

Ikang To Form An Investment Fund With Avic Trust Co
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Ikang Healthcare Group Inc ::IKANG TO FORM AN INVESTMENT FUND WITH AVIC TRUST CO., LTD. AND MAKE A RE-FINANCING ARRANGEMENT.IKANG HEALTHCARE GROUP INC - AGGREGATE SIZE INVESTMENT FUND WILL NOT EXCEED RMB 502 MILLION.IKANG HEALTHCARE GROUP INC - ‍COMPANY WILL ACT AS GUARANTOR FOR REPURCHASE​.IKANG HEALTHCARE GROUP - AFFILIATE OF CEO, AFFILIATE OF AVIC TRUST TO ACT AS GENERAL PARTNERS AND EACH CONTRIBUTE RMB 1 MILLION TO INVESTMENT FUND.IKANG HEALTHCARE GROUP - IKANG HEALTHCARE TECHNOLOGY GROUP, AVIC TRUST TO CONTRIBUTE UP TO RMB 70 MILLION, RMB 430 MILLION, RESPECTIVELY, TO INVESTMENT FUND.IKANG HEALTHCARE - INVESTMENT FUND TO PURCHASE FROM IKANG GUOBIN A 25 PCT EQUITY INTEREST IN NCI HEALTH WITH CASH CONSIDERATION OF RMB 425 MILLION.IKANG HEALTHCARE GROUP INC - AFTER EQUITY TRANSFER, IKANG GUOBIN HOLDS 20 PCT EQUITY SHARE IN NCI HEALTH.  Full Article

Ikang Announces Q2 Results
Friday, 15 Dec 2017 

Dec 14 (Reuters) - Ikang Healthcare Group Inc ::IKANG ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FISCAL SECOND QUARTER ENDED SEPTEMBER 30, 2017.Q2 REVENUE ROSE 27.3 PERCENT TO $152.4 MILLION.SEES FY 2017 REVENUE RMB 3.57 BILLION TO RMB 3.72 BILLION.- QTRLY BASIC AND DILUTED INCOME PER ADS ATTRIBUTABLE TO COMMON SHAREHOLDERS $0.28.- QTRLY NON-GAAP BASIC AND DILUTED INCOME PER ADS ATTRIBUTABLE TO COMMON SHAREHOLDERS $0.29.  Full Article

Ikang Healthcare Group Extends Shareholder Rights Plan
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Ikang Healthcare Group Inc ::IKANG HEALTHCARE GROUP, INC. EXTENDS SHAREHOLDER RIGHTS PLAN.IKANG HEALTHCARE GROUP INC - ‍BOARD APPROVED EXTENSION OF RIGHTS AGREEMENT, PRESENTLY SCHEDULED TO EXPIRE ON DEC 2, 2017 FOR ANOTHER YEAR​.  Full Article