Q&M Dental Group to acquire 20% stake in China's Superline

Singapore

SINGAPORE-LISTED Q&M Dental Group is set to acquire 20 per cent equity through a wholly-owned subsidiary in Shenzhen Superline Technology Co for a consideration of 62 million yuan (S$12.6 million).

The dental group on June 29 signed a memorandum of understanding for the proposed equity acquisition with the vendors, Li Zhimin, Fan Ling, Zhou Jinsong, Wang Zhong and Yao Zheng.