Q&M Dental gains 2.2% after news of tender win for Covid-19 testing
CGS-CIMB, Maybank Kim Eng see upside potential from group's testing services segment
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Singapore
SHARES of Q&M Dental Group gained 2.2 per cent on Wednesday, following the previous day's news that the dental service company's subsidiary had won an open tender by the Health Promotion Board (HPB) for the provision of Covid-19 swab and testing services.
The counter had gained as much as 6.7 per cent to reach 71.5 cents at 9.24am, after about 6.6 million of its shares changed hands. The share price later eased to 68 cents around 10.55am before pausing at 68.5 cents, up 1.5 cents or 2.2 per cent, by the midday trading break.
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