EPS HEALTH TECH (03860) terminates acquisition of 16.23% of China Genetics' issued shares.

date
16:33 15/05/2026
avatar
GMT Eight
EPS Innovation Technology (03860) announced that they plan to acquire 16.23% of the issued shares of China Gene for 43 million Hong Kong dollars. The parties to the agreement have agreed to jointly terminate the acquisition on May 15, 2026, and neither party will bear any responsibility or further obligations. The board believes that the termination of the agreement will not have a significant adverse impact on the business and operations of the group.
EPS HEALTH TECH (03860) announced that the company intends to acquire 16.23% of the issued shares of China Gene for a total of HK$43 million. The parties to the agreement have agreed to mutually terminate the acquisition on May 15, 2026, without any party bearing responsibility or further obligations. The Board believes that the termination of the agreement will not have a significant adverse impact on the business and operations of the Group.