Navigation Links
Chindex International, Inc. Announces Three-For-Two Stock Split
Date:3/18/2008

BETHESDA, Md., March 18 /Xinhua-PRNewswire/ -- Chindex International, Inc. (Nasdaq: CHDX) (the ''Company'') today announced that its Board of Directors has unanimously approved a three-for-two split of all shares of the Company's Common Stock, par value $0.01 per share, including its Class B Common Stock. Stockholders of record as of the close of business on April 1, 2008 will receive one-half additional share of Common Stock for each share owned on that date in the form of a stock dividend. Certificates representing the additional shares of Common Stock will be distributed on or about April 16, 2008. In lieu of issuing fractional shares, the Company will pay cash for fractional shares based on the closing price of the Common Stock on the record date as reported by the NASDAQ.

The effect of the stock split will be to increase the number of outstanding shares of the Common Stock, excluding the Class B Common Stock, from approximately 8,688,000 shares to approximately 13,032,000 shares and to increase the number of outstanding shares of the Class B Common Stock from 775,000 shares to 1,162,500 shares.

Roberta Lipson, Chief Executive Officer, stated, ''This stock split reflects both the recent strong performance of our stock and our confidence in the Company's prospects for further growth, and is intended to improve market liquidity for our stockholders and to lead to wider ownership.''

About Chindex International, Inc.

Chindex is an American healthcare company that provides healthcare services and supplies medical capital equipment, instrumentation and products to the Chinese marketplace, including Hong Kong. It provides healthcare services through the operations of its United Family Hospitals and Clinics, a network of private primary care hospitals and affiliated ambulatory clinics in China. The Company's hospital network currently operates in the Beijing and Shanghai metropolitan areas. The Company sells medical products manufactured by various major multinational companies, including Siemens AG, which is the Company's exclusive distribution partner for the sale and servicing of color doppler ultrasound systems. It also arranges financing packages for the supply of medical products to hospitals in China utilizing the export loan and loan guarantee programs of both the U.S. Export-Import Bank and the German KfW Development Bank. With twenty-six years of experience, 1,000 employees, operations in mainland China and Hong Kong, offices in the United States and Germany, the Company's strategy is to expand its cross-cultural reach by providing leading edge healthcare technologies, quality products and services to Greater China's professional communities. Further company information may be found at the Company's websites, http://www.chindex.com and http://www.unitedfamilyhospitals.com .

Statements made in this press release relating to plans, strategies, objectives, economic performance and trends and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, the factors set forth under the heading "Risk Factors" in our annual report on Form 10-K for the year ended March 31, 2007, updates and additions to those "Risk Factors" in our interim reports on Form 10-Q, Forms 8-K and in other documents filed by us with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "potential", or "continue" or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. We have no obligation to update these forward- looking statements.

For more information, please contact:

Lawrence Pemble or Judy Zakreski

Chindex International, Inc.

Tel: +1-301-215-7777


'/>"/>
SOURCE Chindex International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Chindex International, Inc. Announces Results for the Quarter and Nine Months Ended December 31, 2007
2. Chindex International, Inc. Announces Transfer to NASDAQ Global Market
3. Chindex International, Inc. Announces Results for the Quarter and Six Months Ended September 30, 2007
4. Smart Circle International, LLC Launches Its National Health and Wellness Network Complimentary 1/2-Hour Massage for Everyone
5. MINRAD International, Inc. Announces the Start of the MINRAD International Distributor Meeting in Cape Town, South Africa
6. Healthy Coffee International, Inc. Establishes Healthy Coffee USA, Inc. as Its Marketing Arm
7. Natural Alternatives International, Inc. Appoints New Chief Financial Officer
8. Natural Alternatives International, Inc. Announces Second Quarter Results
9. Synutra International, Inc. Amends August 2005 Current Report on Form 8-K and Annual Report on Form 10-K for the Fiscal Year Ended March 31, 2007
10. MINRAD International, Inc. Announces Appointment of Charles R. Trego, Jr. to CFO & EVP
11. DATATRAK International, Inc. Announces 2007 Third Quarter and Nine Month Operating Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/7/2016)... ... December 07, 2016 , ... Kenall Manufacturing, a leader in sealed healthcare ... The MPCNGX is a multi-function, sealed, LED luminaire that meets the needs of everyone ... when it’s needed. , A 2’ x 4’ model features four modes: ...
(Date:12/7/2016)... (PRWEB) , ... December 07, 2016 , ... ... a women growing up with a schizophrenic mother in a unique, personal perspective ... who specializes in treating trauma and addictive disorders at her private psychotherapy practice. ...
(Date:12/7/2016)... Valley, CA (PRWEB) , ... December 07, 2016 , ... ... be used in several ways to restore a more youthful appearance to the face. ... now offer Sculptra, along with a variety of other treatments, to rejuvenate and renew ...
(Date:12/7/2016)... (PRWEB) , ... December 07, 2016 , ... When it came time to blow out ... Just 40 minutes later, the Pediatric Heart Transplant team at Joe DiMaggio Children’s ... the Weston teen the hospital’s 30th heart transplant recipient. , “He was playing at ...
(Date:12/7/2016)... ... December 07, 2016 , ... ... planning services to families and business owners in the greater Dallas metropolitan area, ... the Dallas Fallen Officer Foundation. , Established in 2009 by active police professionals ...
Breaking Medicine News(10 mins):
(Date:12/7/2016)... 2016   TraceLink Inc ., the World,s ... Life Sciences supply chain and eliminating counterfeit prescription ... Tjoapack has selected TraceLink,s serialization solutions to help ... the rapidly approaching serialization deadlines for the U.S. ... and the EU Falsified Medicines Directive (FMD) in ...
(Date:12/7/2016)...  Varian Medical Systems (NYSE: VAR ) ... to separate its Imaging Components business.  The separation is ... Varian stockholders of common stock in Varex Imaging Corporation, ... Imaging Components business.  As part of the separation, which ... of January 2017, Varian will receive an approximate $200 ...
(Date:12/7/2016)... , Dec. 7, 2016  Organovo Holdings, ... three-dimensional biology company focused on delivering scientific and ... announced that Chairman and Chief Executive Officer ... VirtualInvestorConferences.com on Wednesday, December 14, 2016 at 1:00 ... who are not yet familiar with the Company, ...
Breaking Medicine Technology: