Q&M to acquire 47.14% stake in China dental lab
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Mindy Tan
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Singapore
Q&M Dental Group has entered a binding memorandum of understanding to acquire a 47.14 per cent stake in Shenzhen New Perfect Dental Research (SZNP) for 66 million yuan (about S$13.8 million).
This translates into an effective interest of 33 per cent in the dental laboratory business that is carried out by 15 subsidiaries of SZNP.
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