Key Developments: Q & M Dental Group (Singapore) Ltd (QMDT.SI)

QMDT.SI on Stock Exchange of Singapore

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31 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Q & M Dental Group (Singapore) Ltd completes of proposed acquisition of Aidite High Technical Ceramic Co., Ltd.
Tuesday, 12 Aug 2014 11:06pm EDT 

Q & M Dental Group (Singapore) Ltd:Says completes proposed acquisition of 100% of the share capital of Aidite High Technical Ceramic Co., Ltd. (“Aidite”) based in Qinhuangdao, China through Q & M China.  Full Article

Q & M Dental Group (Singapore) Ltd announces Interim dividend
Sunday, 10 Aug 2014 07:37pm EDT 

Q & M Dental Group (Singapore) Ltd:Declares interim One Tier Tax Exempt cash dividend of SG$0.41 per ordinary share.The dividend will be paid on Sept.3, 2014.  Full Article

Q & M Dental Group (Singapore) Ltd completes proposed acquisition of Foo & Associates Pte Ltd
Wednesday, 16 Jul 2014 06:59am EDT 

Q & M Dental Group (Singapore) Ltd:Refers to Company's announcements on March 18, April 7, April 8 and June 19 in relation to proposed acquisition of Foo & Associates Pte Ltd (F&A).Completion of proposed acquisition has taken place today.Upon completion, F&A has become a wholly-owned subsidiary of the Company.  Full Article

Q & M Dental Group (Singapore) Ltd's subsidiary enters into letter of intent with Baihe Stomatology Hospital LLC
Monday, 7 Jul 2014 06:29am EDT 

Q & M Dental Group (Singapore) Ltd:T Q & M Dental Holdings (China) Pte. Ltd. (QDHC), a wholly-owned subsidiary enters into non-binding letter of intent (LOI) with Baihe Stomatology Hospital LLC based in Changchun, Jilin Province, China.Says to discuss clinical techniques, financial, business and legal issues that will help promote Baihe’s future development and expansion.Says to explore models for exchanging knowledge of customer service excellence and management techniques.Says to provide a platform for conducting exchange programs to help further understand the market conditions in China and Singapore.  Full Article

Q & M Dental Group (Singapore) Ltd announces termination of memorandum of understandings
Sunday, 6 Jul 2014 07:51pm EDT 

Q & M Dental Group (Singapore) Ltd:Announcement made by the company on Oct.18, 2010 regarding binding memorandum of understanding.Entered into by Q & M Dental Group (China) Pte Ltd, 99 pct subsidiary of company, with Peng Hui Chang, Peng Jian Chang and Guo Yu Chun relating to proposed joint venture in respect of Shenzhen New Perfect Exact Dental Research Co., Ltd.Announcement made by the Company on Jan. 18, 2012 regarding binding memorandum of understanding.Entered into by Q & M Dental Group (Malaysia) Sdn Bhd, wholly owned subsidiary of Company, with Dr. Rueben Axel How Wee Ming relating to proposed acquisition of dental practice in Kuala Lumpur Malaysia; and.Announcement made by the company on Aug. 13, 2012 regarding non-binding memorandum of understanding.Entered into by QDHC together with Shanghai Q & M Investment Management Consulting Co., Ltd, wholly owned subsidiary of the company, in respect of proposed strategic investment by Kunwu Jiuding Capital Co Ltd.Board wishes to announce that above memorandum of understandings have been terminated as parties were unable to reach definitive agreement on proposed transactions.  Full Article

Q & M Dental Group (Singapore) Ltd announces completion of proposed acquisition of 60 pct stake in Aoxin Stomatology Group
Sunday, 6 Jul 2014 07:47pm EDT 

Q & M Dental Group (Singapore) Ltd:Refers to previous announcements made on July. 30, 2013, Dec. 3, 2013 and Feb.12 regarding proposed acquisition of 60 pct stake in Aoxin Stomatology Group in Shenyang, China.Completion of proposed acquisition.Parties have also agreed that the company shall withhold 46 mln Yuan(26 mln Yuan in cash and 20 mln Yuan worth of the Company’s shares, about S$9.2 mln in total) one out of total consideration of 108 mln Yuan (about S$21.6 mln) subject to Aoxin fulfilling certain ancillary conditions.Parties have agreed that profit guarantee for year 2014 shall be prorated to reflect that the profit guarantee shall commence from July 1 and Profit Guarantee Period remains as 12 years starting from July 1 and have executed necessary agreements to give effect to this change.Says will make further announcements of material information at the appropriate junctures.  Full Article

Q & M Dental Group (Singapore) Ltd announces acquisition of block 130 jurong gateway road
Sunday, 15 Jun 2014 04:21am EDT 

Q & M Dental Group (Singapore) Ltd:Refers to its announcement made on March 3 in respect of the acquisition of the premises located at Block 130 Jurong Gateway Road, #01-213, #01-215 and #01-217, Singapore 600131 (the Property) from United Overseas Bank Limited.Board announces that the acquisition of the property was completed on June 13.  Full Article

Q & M Dental Group (Singapore) Ltd Quan Min Holdings Pte. Ltd.
Wednesday, 4 Jun 2014 06:50am EDT 

Q & M Dental Group (Singapore) Ltd:Says Quan Min Holdings Pte. Ltd holds 338,654,608 ordinary shares representing 55.93 pct of voting power.Quan Min Holdings Pte. Ltd held 391,999,908 ordinary shares representing 64.74 pct of the total voting power.  Full Article

Q & M Dental Group (Singapore) Ltd announces strategic partnership with IMC Group
Sunday, 25 May 2014 07:21pm EDT 

Q & M Dental Group (Singapore) Ltd:Partnership by way of signing call option with Heritas Helios Investments Pte. Ltd, managed by IMC’s wholly owned subsidiary.Granting HHI right to call upon Q&M to issue 63 mln new ordinary shares within 2-year option period for minimum exercise price of S$0.48 per share.Company together with substantial shareholders Dr Koh Shunjie, Kelvin and Dr Koh Shuhui, Felicia, have agreed to sell shares collectively equivalent to 10 pct of Q&M to HHI.  Full Article

Q & M Dental Group (Singapore) Ltd does not declare dividend
Tuesday, 13 May 2014 07:45pm EDT 

Q & M Dental Group (Singapore) Ltd:No dividend has been declared or recommended for the Q1 ended March 31.  Full Article

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