Singapore based Perennial Real Estate and Q&M Dental Group, are both venturing into the Chinese market with recent acquisitions. These transactions reflect a recent trend of Singaporean SMEs venturing abroad through acquisitions in foreign countries or the creation of joint ventures with local partners.
Perennial Real Estate JV to acquire China-based medical businesses from BOAI
Property developer Perennial Real Estate Holdings has entered into a 40-60 joint venture with Guangdong Boai Medical Group to acquire, develop and manage hospital and medical services businesses in China.
