aoxin q&m

Aoxin Q&M proposes 150 million yuan acquisition to expand into central China

It has signed a non-binding memorandum of understanding to acquire a dental group there

Over the five sessions from Feb 27 to Mar 5, 26 primary-listed companies conducted buybacks with a total consideration of S$131 million.
INSIDE INSIGHTS

Buybacks and director filings surge following heavy earnings season

[SINGAPORE] For the five trading sessions spanning Feb 27 to Mar 5, institutions were net sellers of Singapore stocks, with net institutional outflow of S$41 million, taking the accumulated net outflo...

The parties are discussing terms of the proposed JV and have agreed to enter a definitive agreement within a period of six months starting from Sep 11 or another agreed date.

Q&M Dental subsidiaries propose entering JV to offer laboratory services

The proposed JV will be 49 per cent owned by Q&M Dental (Shenyang) and 51 per cent owned by Singapore Dental Cadcam Laboratory

Aoxin Q&M says it will take action to recover the salary owed by former CEO Dr Shao Yongxin for failing to serve his required six-month notice period.

Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals

The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible

Aoxin Q&M posts a 44.8% year-on-year decline in earnings per share to 0.0053 yuan from 0.0096 yuan.

Aoxin Q&M Dental H1 net profit down 44.3% at 2.7 million yuan

Revenue rises 4.6% to 86.8 million yuan, from 83 million yuan in the year-ago period

Dr Shao Yongxin is in the midst of relinquishing all his duties, including his directorships in subsidiary companies in Aoxin Q&M.

Aoxin Q&M suspends former CEO as part of whistle-blowing investigation

The move follows Dr Shao’s resignation on Jul 22 after a whistle-blower report against him was sent to company’s audit committee

Catalist-listed Aoxin Q&M Dental is the Chinese subsidiary of Singapore's Q&M Dental Group.

Aoxin Q&M Dental CEO resigns as whistle-blower report lodged

The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason for Dr Shao Yongxin leaving

Appointment of the IFA follows Q&M Dental Group's offer to acquire the remaining shares it does not already own in Aoxin Q&M at S$0.0321 per share. 

Aoxin Q&M appoints IFA for offer from Q&M Dental Group

Hong Leong Finance will advise the recommending directors on the offer

The development follows Q&M Dental Group’s recent increase in its stake in Catalist-listed Aoxin Q&M from 33.33 per cent to 50.53 per cent.

Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each

Group says acquisition of Aoxin shares via the security enforcement is aligned with its strategy to expand its assets and earnings