The Business Times
business-time-50

Q&M's MOU to buy stake in Chinese dental lab business lapses

google-preferred-sourceAdd BT as a preferred source
Published Mon, Oct 10, 2016 · 02:09 PM

    Q&M Dental Group said on Monday a memorandum of understanding (MOU) over a business acquisition in China has lapsed.

    Q&M had signed a binding MOU in June to buy an equity interest of 47.14 per cent in Shenzhen New Perfect Dental Research Co, which operates a dental laboratory business.

    The proposed acquisition had not been completed by Sept 30, 2016, as expected in the MOU.

    The company remains in negotiations over the proposed acquisition, Q&M said.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    UOB group chief financial officer Leong Yung Chee (left) and AllianzGI CEO Tobias Pross at the signing of the strategic distribution partnership.

    UOB to sell asset management arm to Allianz Global Investors for S$555 million, sharpen wealth advisory focus

    Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

    UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

    Out of the 18,000 fresh graduates, 9,100 have found employment and 5,400 are outside the labour force, mainly for voluntary reasons.

    1 in 5 fresh graduates from autonomous universities still seeking employment: MOM

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More