Q&M spin-off Aoxin to raise S$9.1m in Catalist listing

AOXIN Q & M Dental Group, a dental business in China that was spun off from listed entity Q&M, on Friday said it expects to raise net proceeds of about S$9.1 million through a proposed listing on Catalist.

According to preliminary documents lodged on Friday, the group plans to place out 57 million new shares at S$0.20 apiece.

Aoxin offers private dental services and dental equipment and supplies in Liaoning province, China.