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Q & M Dental Group Plans Major Acquisition in Thailand

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Q & M Dental Group Plans Major Acquisition in Thailand

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Q & M Dental Group (Singapore) Limited ( (SG:QC7) ) just unveiled an update.

Q & M Dental Group (Singapore) Limited has entered into a non-binding memorandum of understanding for the proposed acquisition of a major dental group in Thailand. The target company operates over 30 dental clinics across Thailand, offering comprehensive dental services and has established a strong presence in urban and suburban areas. The acquisition aims to expand Q & M Dental Group’s market reach and enhance its service offerings, with the purchase consideration based on an enterprise value of Thai Baht 1,950,000,000, to be settled through a mix of cash and new ordinary shares.

The most recent analyst rating on (SG:QC7) stock is a Buy with a S$0.54 price target. To see the full list of analyst forecasts on Q & M Dental Group (Singapore) Limited stock, see the SG:QC7 Stock Forecast page.

More about Q & M Dental Group (Singapore) Limited

Q & M Dental Group (Singapore) Limited is a company operating in the healthcare industry, specifically focusing on dental services. The company, along with its subsidiaries, provides a wide range of dental services and is expanding its market presence through strategic acquisitions.

Average Trading Volume: 1,538,290

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$432.1M

See more data about QC7 stock on TipRanks’ Stock Analysis page.

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