October 14, 2019

iKang Announces Shareholders’ approval of “Going Private” transaction

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PRESS RELEASE GlobeNewswire Aug. 20, 2018, 06:59 AM BEIJING, Aug. 20, 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, at an extraordinary general meeting (the “EGM”) held today, the Company’s shareholders voted in favor […]

(Cayman) Statutory Mergers – Loan Financing

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From Walkers Privatisations by way of a Cayman Islands statutory merger are often financed by secured loans from banks. The merger process is frequently used to “take private” international Chinese businesses listed in the United States through a Cayman Islands incorporated company. Two “constituent companies” usually feature in a Cayman statutory merger; a newly incorporated […]