Q&M Mulls China, Malaysia Listing of Subsidiaries

Singapore-based private dental healthcare group Q&M Dental Group has announced plans to list its China and Malaysia subsidiaries on a reputable stock exchange.

The company said in an announcement that it is exploring a spin-off of its two subsidiaries – Q&M Dental Holdings (China) and Q&M Dental Group (Malaysia) – to provide an additional source of funding.

The company’s board of directors sees the proposed spin-off of Q & M Aidite as a good way to access the public market for the capital needed to invest more into the capital-intensive manufacturing business.

The details about Q & M’s plan have not been fully disclosed as of this posting. – BusinessNewsAsia.com

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