Aoxin Q&M in talks with third party for 'possible transaction' of its wholly owned unit
Add BT as a preferred sourceClaudia Tan HS
CATALIST-listed Aoxin Q&M Dental Group said in a regulatory update on Wednesday that it is currently in discussions with a third party for a possible transaction involving its stake in its wholly owned subsidiary, Panjin Aoxin Quanmin Stomatology Hospital Co.
However, the company said that it has not made any decision or entered any agreement for the possible transaction. It added that there is no certainty or assurance that the current discussions will progress beyond the current stage or that the transaction will occur.
The company will release further announcement if and when there are any material developments which warrant disclosure.
Shares of Aoxin Q&M Dental last traded at 13.5 Singapore cents on Aug 28.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Orchard plot, Jurong East EC, Raffles Town Club site among 10 new housing parcels in H2 GLS plan
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person
Uber cuts 23% of people division as new president takes charge
Meta launches enterprise-focused AI ‘business agent’ to automate daily operations
