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Q&M buys Chinese specialised dental materials maker for 80m yuan
Published Mon, Sep 15, 2014 · 04:09 AM
Q&M Dental Group has signed a binding master agreement for a full stake in specialised dental materials manufacturer Qinhuangdao Aidite High Technical Ceramic Co for 80 million yuan (S$16.7 million).
This compares with the 76.5 million yuan deal for a 51 per cent stake agreed in a non-binding memorandum of understanding signed last November.
The news pushed its shares half a cent or 1.2 per cent higher to a one-year peak of 41.5 cents.
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