Singapore Stock Market News

Q&M Dental Group - Complementary acquisitions

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Publish date: Wed, 19 Mar 2014, 01:36 PM
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■ Q&M has announced the EPS-accretive acquisition of Foo & Associates Dental Surgeons in Singapore at 10.5x P/E.

■ It is also one step closer to completing the deal for Qinhuangdao Aidite High-Technical Ceramics in China.

■ Longer-term impact of the complementary acquisitions will outweigh the short-term positive contribution from Dr Foo.
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