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Q&M to acquire 47.14% stake in China dental lab

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Mindy Tan

Mindy Tan

Published Tue, Jun 7, 2016 · 09:50 PM

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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