Kangji Medical shareholders approve privatization, delisting plans

Kangji Medical Holdings Limited announced its privatization scheme and proposed withdrawal of listing have been approved by shareholders. At a Court Meeting on Monday, November 10, 2025, the resolution to approve the scheme passed with 85.58% of votes cast by scheme shareholders.

Concurrently, an extraordinary general meeting (EGM) on the same date saw a special resolution to approve the scheme pass with 97.90% of votes. An ordinary resolution to approve the special deal, a component of the privatization, was also passed by 85.84% of independent shareholders.

Subject to the scheme becoming effective, the withdrawal of the listing of Kangji Medical's shares on the Stock Exchange is expected on Tuesday, December 9, 2025, at 4:00 p.m. The scheme is anticipated to become effective on Friday, December 5, 2025 (Cayman Islands time). The register of members will close from Tuesday, November 18, 2025, to determine scheme shareholders qualified for entitlements.