Kangji Medical Proposes Privatization, Aiming to Delist from Hong Kong Stock Exchange

Kangji Medical Proposes Privatization, Aiming to Delist from Hong Kong Stock Exchange

Kangji Medical Holdings Limited (HKG: 9997) has submitted a proposal to its shareholders regarding a privatization plan. If approved, Kangji Medical will become a wholly-owned subsidiary, and its shares will be delisted from the Stock Exchange of Hong Kong Limited.

Proposal Details
The proposal suggests a cancellation price of HKD 9.25 per share, representing a 9.9% premium over the closing price of HKD 8.42 per share as of the last trading date on the exchange.-Fineline Info & Tech