tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kangji Medical Moves Closer to Privatization with Pre-Conditions Met

Story Highlights
Kangji Medical Moves Closer to Privatization with Pre-Conditions Met

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Kangji Medical Holdings Limited ( (HK:9997) ).

Kangji Medical Holdings Limited and Knight Bidco Limited have announced the satisfaction of all pre-conditions for the proposed privatization of Kangji Medical by way of a scheme of arrangement. This development marks a significant step towards the company’s delisting, pending further conditions such as court approval, which could impact its market presence and shareholder arrangements.

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, operating in the medical industry. It focuses on providing medical devices and solutions, with a market focus on healthcare innovations.

Average Trading Volume: 7,170,967

Technical Sentiment Signal: Buy

Current Market Cap: HK$10.22B

See more insights into 9997 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1