Username
Password
Forget Password?
  1. Indices
  2. Commodities
  3. Currencies
Straits Times 3,114.16 -11.98 -0.38%
Hang Seng 26,719.58 -128.91 -0.48%
Dow Jones 26,915.72 -110.16 -0.41%
Shanghai Composite 2,938.14 -39.19 -1.32%
Q&M Dental Acquires Shenyang Lan Hai Tong Mao Medical Equipment
Daily Bulletin | 05 October 2015
Related stocks:
QC7
By:

Q&M Dental Group (Singapore)’s indirect subsidiary, Q&M Dental (Shenyang), has announced the acquisition of 60 percent stake in Shenyang Lan Hai Tong Mao Medical Equipment, a distribution company located in Shenyang City, Liaoning Province, China.

The acquisition will have a consideration of Rmb7.56 million out of which Rmb1.8 million shall be paid for 60 percent of the active stocks in Shenyang Lan Hai valued at Rmb3 million.

The acquisition is in line with the group’s plan to continue the expansion of its dental equipment and supplies distribution business and allows the group to add an operational distribution company in China.

Q&M Dental Group (S'pore)  0.515 +0.005 +0.98%   
Business: Co is a private dental healthcare provider in Asia. [FY18 Turnover] Primary healthcare (93.1%), dental equipment & supplies distribution (6.9%)

Insight: May-19, 1Q19 total revenue inched up 4.2% to $29.9... Read More


Join The Conversation
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!

All Rights Reserved. Pioneers & Leaders (Publishers) Pte Ltd. Best viewed with Mozilla Firefox 3.5 and above.