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2015 Press Releases

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12/22/15iKang Announces Acquisition of Shaanxi INLUNG Health Management
Expands Its Network in Northwest China BEIJING, Dec. 22, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), China’s largest private preventive healthcare services provider, today announced that it has acquired 70% equity interest of Xi’an iKang Health Management, which has 100% ownership in three medical centers under the brand name of Xi’an INLUNG, namely Xi’an Lianhu INLUNG Medical Center, Xi’an Weiyang INLUNG Medical Center and Xi’an Yanta INLUN... 
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12/02/15iKang Healthcare Group, Inc. Adopts Rights Agreement
BEIJING, Dec. 02, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of iKang Healthcare Group, Inc. (the “Company”) today adopted a Rights Agreement and authorized the issuance of one Right for each outstanding Class A Common Share and Class C Common Share (the “Rights Plan”).  After careful consideration, the Board of Directors of the Company (the “Board”) deemed it appropriate and prudent to adopt the Rights Plan at this time in order to ensure that all shareholders of the Company receive fair... 
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11/30/15iKang Announces Unaudited Financial Results for Fiscal Second Quarter Ended September 30, 2015
BEIJING, Nov. 30, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), the largest provider in China’s fast growing private preventive healthcare services market with a market share of 13.6% in terms of revenue in calendar year 2014, today announced its unaudited financial results for the fiscal second quarter ended September 30, 2015. Fiscal Second Quarter ended September 30, 2015 Financial Highlights Net revenues were US$98.6 million, an inc... 
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11/30/15iKang Announces Receipt of Competing Non-Binding "Going Private" Proposal
BEIJING, Nov. 30, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), China’s largest private preventive healthcare services provider, today announced that its board of directors (the “Board”) received on November 29, 2015 a preliminary non-binding proposal letter, dated November 27, 2015, from Jiangsu Sanyou Group Co., Ltd. (“Jiangsu Sanyou”), Cathay Capital Private Equity SAS (“Cathay”), Shenzhen Ping An Decheng Investment Co., Ltd. (“Ping An”), Ta... 
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11/10/15iKang Special Committee Engages Financial Advisor and Legal Counsel
BEIJING, Nov. 10, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), China’s largest private preventive healthcare services provider, today announced that the special committee (the “Special Committee”) of the Company’s board of directors (the “Board”) has retained J.P. Morgan Securities (Asia Pacific) Limited as its financial advisor, Simpson Thacher & Bartlett as its international legal counsel, and Walkers as its Cayman Islands legal counsel ... 
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10/20/15iKang Schedules 2015 Unaudited Second Quarter Earnings Release on November 30, 2015
BEIJING, Oct. 20, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), China’s largest private preventive healthcare services provider, today announced that it will release its unaudited financial results for the second quarter ended September 30, 2015 on November 30, 2015 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 management will host a c... 
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10/15/15iKang Announces Changes to the Board of Directors
BEIJING, Oct. 15, 2015 (GLOBE NEWSWIRE) -- Board of Directors of iKang Healthcare Group, Inc. (“iKang” or the “Company”) (NASDAQ:KANG), announces the resignation of Mr. David Ying Zhang as an independent director and a member of the Compensation Committee of the Board. The Chairman and the Board would like to convey their sincere gratitude for Mr. David Ying Zhang’s sustained contributions to the Company and wish him all the very best in his future endeavors. At the same time, the Board welc... 
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09/10/15iKang Announces Formation of a Special Committee to Evaluate Preliminary Non-Binding "Going Private" Proposal
BEIJING, Sept. 10, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that in response to the preliminary non-binding proposal dated August 31, 2015 (the "Proposal") received by the Company's board of directors (the "Board") from Mr. Ligang Zhang ("Mr. Zhang"), founder, chairman and chief executive officer of iKang and certain of his affiliated entities, and FV Investment... 
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08/31/15iKang Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
BEIJING, Aug. 31, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that its board of directors (the "Board") has received a non-binding proposal letter, dated August 31, 2015, from Mr. Ligang Zhang ("Mr. Zhang"), founder, chairman and chief executive officer of iKang and certain of his affiliated entities, and FV Investment Holdings ("FountainVest", together with Mr. Zh... 
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08/24/15iKang Announces Unaudited Financial Results for Fiscal First Quarter Ended June 30, 2015
BEIJING, Aug. 24, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market with a market share of 13.6% in terms of revenue in calendar year 2014, today announced its unaudited financial results for the fiscal first quarter ended June 30, 2015. Fiscal First Quarter ended June 30, 2015 Financial Highlights Net revenues were US$86.3 million, an increase of 4... 
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08/18/15iKang Announces Acquisition of Three Ciming Medical Centers in Shandong
Continues to Bolster Its Presence in East China BEIJING, Aug. 18, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it has formed a joint venture ("Joint Venture") with former shareholders of Yantai Ciming Laishan Clinic Co. Ltd., Weihai Ciming Clinic Co. Ltd. and Weifang Kuiwen Ciming Clinic Co. Ltd. in three major cities respectively in Shandong. There is also a ... 
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07/29/15iKang Schedules 2015 Unaudited First Quarter Earnings Release on August 24, 2015
BEIJING, July 29, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will release its unaudited financial results for the first quarter ended June 30, 2015 on August 24, 2015 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 management will host a conf... 
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06/30/15iKang Announces Acquisition of Yinchuan Ciming Medical Center
Continues to Optimize Its Nationwide Network BEIJING, June 30, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it has formed a joint venture ("Joint Venture") with former shareholders of Yinchuan Ciming Clinic Co., Ltd. ("Yinchuan Ciming" or "Yinchuan Ciming Medical Center"). Yinchuan Ciming was franchised from Ciming Checkup Group, the third largest private prev... 
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06/24/15iKang Announces Acquisition of Two Medical Centers in Yantai
Increases Reach of Nationwide Network BEIJING, June 24, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, has acquired 100% equity interest in Yantai Hongkang Tijian Co. Ltd. and Yantai Hongkang Jiankang Tijian Co. Ltd. Each of the above company wholly owns a medical center specializing in medical examination services in the city of Yantai. iKang thereby indirectly acquired two medical... 
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06/08/15iKang Announces Unaudited Financial Results for the Fourth Quarter and the Fiscal Year 2014 Ended March 31, 2015
BEIJING, June 8, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market with a market share of 13.6% in terms of revenue in calendar year 2014, today announced its unaudited financial results for the fourth quarter and the fiscal year ended March 31, 2015 (the "fiscal fourth quarter of 2014" from January 1, 2015 to March 31, 2015, or the "Fiscal Year 2014," from Apr... 
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05/27/15iKang Accelerates Nationwide Network Expansion With 11 Medical Centers Joining iKang's Self-Owned Network
BEIJING, May 27, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it had acquired a 100% equity interest in Beijing Tianzhikangjian Investment Management Co., Ltd. ("Beijing Tianzhikangjian"), thereby indirectly acquiring an 82.85% equity interest in Beijing Tianjian Sunny Healthcare Technology Co., Ltd. ("Tianjian Sunny"). Tianjian Sunny, formerly known as Sinopha... 
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05/25/15iKang Schedules 2014 Unaudited Fourth Quarter and Fiscal Year Earnings Release on June 8, 2015
BEIJING, May 25, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will release its unaudited financial results for the fourth quarter and the fiscal year ended March 31, 2015 on June 8, 2015 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 managemen... 
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05/18/15iKang Announces Acquisition of Ommay Health Management Forges Ahead With Its Nationwide Network Expansion
BEIJING, May 18, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it has acquired a 100% share of Ommay Health Management Co., Ltd., a middle to high-end private medical examination service center in Chengdu that was officially founded in June 2007. Ommay Health Management is the very first private medical examination service center established in a prime locat... 
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04/28/15iKang to Attend Morgan Stanley Inaugural China Summit in Beijing
BEIJING, April 28, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will attend Morgan Stanley Inaugural China Summit in Beijing at Rosewood Hotel Beijing on May 27 to May 29, 2015. Ms. Jessie Xin, Deputy GM of Finance Department of iKang and Ms. Christy Xie, IR Director of iKang, will attend the conference, meeting investors, policy makers, and thought lead... 
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04/24/15iKang Announces Launch of iKang Doctor Referral App
A One-Stop Mobile Medical Service Platform SHANGHAI, China, April 24, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, launched its Doctor Referral App (the "APP") on April 22, 2015. The Doctor Referral App is a one-stop mobile medical services platform among patients, hospitals and doctors. The APP is designed to connect the medical needs of patients, hospitals and teams of docto... 
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04/21/15iKang to Attend UBS 2015 Global Healthcare Conference at Sheraton New York Hotel
BEIJING, April 21, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will attend UBS 2015 Global Healthcare Conference to be held on May 18 to May 20, 2015 at Sheraton Hotel in New York. Mr. Lee Ligang Zhang, Chairman and Chief Executive Officer of iKang, will attend the conference, giving a company presentation and meeting investors in one-on-one and small g... 
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04/21/15iKang to Attend the 6th Annual dbAccess Asia Conference at the Marina Bay Sands in Singapore
BEIJING, April 21, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will attend the 6th Annual dbAccess Asia Conference to be held on May 18 to May 22, 2015 at the Marina Bay Sands in Singapore. Mr. Luke Chen, Chief Financial Officer and Ms. Christy Xie, IR Director of iKang will attend the conference, meeting global investors with the form of one-on-one and... 
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04/20/15iKang to Attend Bank of America Merrill Lynch 2015 Health Care Conference in Las Vegas
BEIJING, April 20, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will attend Bank of America Merrill Lynch 2015 Health Care Conference to be held in Las Vegas at Encore at the Wynn on May 12 to May 14, 2015. Mr. Lee Ligang Zhang, Chairman and Chief Executive Officer of iKang, will attend the conference, giving a company presentation and meeting investors ... 
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04/17/15iKang to Attend the 40th Annual Deutsche Bank Securities Health Care Conference in Boston
BEIJING, April 17, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, today announced that it will attend the 40th Annual Deutsche Bank Securities Health Care Conference to be held on May 6 to May 7, 2015 at the InterContinental in Boston, MA. Mr. Luke Chen, Chief Financial Officer of iKang, will attend the conference, meeting institutional investors, private investors, and industry ... 
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04/09/15iKang Announces Launch of iKang Mobile
China's First Personalized Medical Examination Mobile App BEIJING, April 9, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), China's largest private preventive healthcare services provider, launched its personalized medical examination mobile app ("iKang Medical Exam APP") on March 27, 2015. One of the key features of iKang's preventative healthcare services is to fully inform individuals about the findings from the latest discoveries and resea... 
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03/31/15iKang Announces Changes to the Board of Directors
BEIJING, March 31, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), today announced that the Company's Board of Directors (the "Board") has appointed Mr. Gavin Zhengdong Ni as an independent director and a member of the Audit Committee of the Board, effective March 31, 2015. Mr. Ni is the Founder, Chairman and CEO of Zero2IPO Group, a leading integrated service provider and investment institution in China's private equity industry. Mr. Ni is kno... 
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03/09/15iKang Announces Unaudited Financial Results for Fiscal Third Quarter Ended December 31, 2014
BEIJING, March 9, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market with a market share of 13.6% in terms of revenue in calendar year 2014, today announced its unaudited financial results for the fiscal third quarter ended December 31, 2014. Fiscal Third Quarter Ended December 31, 2014 Financial Highlights Net revenues were US$108.6 million, an incr... 
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03/06/15iKang Acquires 70% Share of WA Health Care to Offer Premium Medical Service to High-end Market in China
BEIJING, March 6, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), today announced that it has acquired a 70% equity interest in WA Centers HK Limited ("WA Health Care"). Established in 2010, WA Health Care, a provider of high-end medical services, operates two medical centers in prime locations in Shanghai and Beijing. Since its establishment, WA Health Care has brought to the China market world-leading physicians, researchers and scientists in the... 
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03/03/15iKang Announces Two Acquisitions in Tianjin to Continue Its Nationwide Network Expansion
BEIJING, March 3, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG) , today announced that it had completed the acquisitions of Tianjin Hexi Kangmeng Hezhong Clinic Co., Ltd. and Tianjin Hedong District REMAHO Clinic Co., Ltd., which were set up in 2008 and 2009, respectively. Each of them operates a well-established medical center in Tianjin which provides medical examination services. After the acquisitions, iKang's nationwide network has expanded t... 
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02/25/15Correction on iKang Earnings Call Time of Its Third Quarter Unaudited Financial Results Ended December 31, 2014
BEIJING, Feb. 25, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market in terms of revenue, today made the correction of its third quarter earnings call time for the unaudited financial results ended December 31, 2014. iKang will release the financial results on March 9, 2015 after the US market closes as scheduled. The earnings press release will be avail... 
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02/24/15iKang Healthcare Group, Inc. Schedules 2014 Unaudited Third Quarter Earnings Release on March 9, 2015
BEIJING, Feb. 24, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market in terms of revenue, today announced that it will release its unaudited financial results for the third quarter ended December 31, 2014 on March 9, 2015 after the US market closes. The earnings press release will be available on the investor relations page at http://ir.ikang.com. Confer... 
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01/08/15iKang To Attend Citi China Corporate Day in Hong Kong
BEIJING, Jan. 8, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market in terms of revenue in 2013, today announced that it will attend the Citi Hong Kong China Corporate Day: Sector Top Picks scheduled on January 21, 2015 (Wednesday) at Mandarin Oriental Hotel in Hong Kong. Mr. Luke Chen, Chief Financial Officer and Ms. Christy Xie, IR Director of iKang will a... 
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01/06/15iKang to Attend J.P.Morgan Healthcare Conference in San Francisco
BEIJING, Jan. 6, 2015 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market in terms of revenue in 2013, today announced that it will attend the 33rd Annual J.P.Morgan Healthcare Conference to be held on January 12th to 15th at the Westin St. Francis Hotel in San Francisco. Mr. Lee Ligang Zhang, Chairman and Chief Executive Officer of iKang and his team will attend ... 
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