The Law Offices of Vincent Wong Notifies Investors of an Investigation into iKang Healthcare Group, Inc. in Connection with the Sale of the Company to a Consortium

NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of iKang Healthcare Group, Inc. (“iKang” or the “Company”) (NASDAQGS:KANG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a consortium of entities led by CEO and Chairman Lee Ligang Zhang and Vice Chairman of the Board Boquan He. Under the terms of the transaction, iKang shareholders will receive US$41.20 per Class A or Class C common share and US$20.60 per American depositary share. Mr. Zhang and Mr. Boquan have agreed to tender their shares, representing approximately 25.6% of the Company’s outstanding shares and approximately 43.1% of total voting power of the outstanding shares.