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Kangji Medical Holdings Limited Proposes Privatization via Scheme of Arrangement

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Kangji Medical Holdings Limited Proposes Privatization via Scheme of Arrangement

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Kangji Medical Holdings Limited ( (HK:9997) ) just unveiled an announcement.

Kangji Medical Holdings Limited is undergoing a privatization process proposed by Knight Bidco Limited through a scheme of arrangement under the Companies Act. The scheme document has been dispatched to shareholders, and the Independent Board Committee, along with the Independent Financial Adviser, has recommended that shareholders vote in favor of the proposal, deeming it fair and reasonable.

The most recent analyst rating on (HK:9997) stock is a Buy with a HK$10.00 price target. To see the full list of analyst forecasts on Kangji Medical Holdings Limited stock, see the HK:9997 Stock Forecast page.

More about Kangji Medical Holdings Limited

Kangji Medical Holdings Limited is a company incorporated in the Cayman Islands, focusing on the medical industry. It is involved in the production and distribution of medical devices and equipment.

YTD Price Performance: 46.72%

Average Trading Volume: 5,401,397

Technical Sentiment Signal: Buy

Current Market Cap: HK$10.5B

For a thorough assessment of 9997 stock, go to TipRanks’ Stock Analysis page.

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