Group 1 - Knight Bidco Limited's proposal to privatize Kangji Medical (09997.HK) has been approved by the company's shareholders on November 10, 2025, marking a significant milestone for the company [1] - The privatization plan is pending approval from the Grand Court of the Cayman Islands and will take effect after court registration, with the last trading time for the stock set for 4:10 PM the following day [1] - Following the plan's effectiveness, the company's shares are expected to be delisted from the Hong Kong Stock Exchange on December 9 at 4:00 PM [1] Group 2 - Kangji Medical was listed on the Hong Kong Stock Exchange on June 29, 2020, with an IPO price of HKD 13.88, raising approximately HKD 35.98 billion [1] - Currently, the stock is trading at HKD 9.16, representing a decline of over 34% from the IPO price, with a market capitalization of approximately HKD 110.65 billion [1]
康基医疗(09997)通过私有化，将于12月9日退市