Brief: Q & M Dental Group entered into several conditional share purchase agreements

Q & M Dental (Singapore)

12/10/2016 22:17

Oct 13 (Reuters) - Q & M Dental Group (Singapore) Ltd 
 QMDT.SI : 
    * Group has entered into several conditional share purchase 
agreements for purposes of proposed restructuring 
    * JV entities acquisition will be funded internally 
    * Shenyang Xin Ao Hospital Management  entered into 
conditional share purchase agreements 
    * Proposed spin-off and proposed listing will not result in 
material impact to financials of group 
    * Company is expected to hold a controlling interest of no 
more than 43.92% in Q & M Aoxin 
    * Group will remain viable and profitable subsequent to 
completion of proposed spin-off and proposed listing 
 
Source text for Eikon:  ID:nSNZ7QXy9b  
Further company coverage:  QMDT.SI  
 
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