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2018 Press Releases

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DateTitle  
03/26/18iKang Enters into Definitive Merger Agreement for Going Private Transaction
BEIJING, March 26, 2018 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), a major provider in China’s fast growing private preventive healthcare services market, today announced that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with IK Healthcare Investment Limited (“Parent”), a special purpose vehicle wholly-owned by one or more affiliates of Yunfeng Capital and Alibaba Group Holding Limited (collectively, the ... 
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03/22/18iKang Announces Unaudited Financial Results for the Fiscal Third Quarter Ended December 31, 2017
BEIJING, March 22, 2018 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), major provider in China’s fast growing private preventive healthcare services market, today announced its unaudited financial results for the fiscal third quarter ended December 31, 2017. Fiscal Third Quarter Ended December 31, 2017 Financial Highlights Net revenues were US$206.4 million, an increase of 33.5% year-over-year (an increase of 29.3% on RMB basis) (1)  Gross... 
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03/12/18iKang Announces Receipt of Acquisition Proposal from Yunfeng Capital and Alibaba
BEIJING, March 12, 2018 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), a major provider in China’s fast growing private preventive healthcare services market, today announced certain developments with respect to the previously disclosed potential going private transaction proposed by Yunfeng Capital (“Yunfeng”) on June 6, 2016, which the Company’s special committee of independent directors (the “Special Committee”) has been continuing to negotiate wi... 
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03/06/18iKang Schedules 2017 Unaudited Third Quarter Earnings Release on March 22, 2018
BEIJING, March 06, 2018 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), major provider in China’s fast-growing private preventive healthcare services market, today announced that it will release its unaudited financial results for the third quarter ended December 31, 2017 on March 22, 2018 after the US market closes. The earnings press release will be available on the investor relations page at http://ir.ikang.com. Conference Call iKang’s managem... 
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01/03/18iKang to Form an Investment Fund with AVIC Trust Co., Ltd. and Make A Re-Financing Arrangement
BEIJING, Jan. 03, 2018 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), a major provider in China’s fast growing private preventive healthcare services market, today announced that it will form an investment fund with AVIC Trust Co., Ltd. (“AVIC Trust”).  AVIC Trust’s ultimate shareholder is Aviation Industry Corporation of China. The aggregate size the investment fund will not exceed RMB 502 million. An affiliate of Mr. Lee Ligang Zhang, iKang’s Ch... 
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