SG Dealbook: QT Vascular raises funds; UMS, OCBC, Soo Kee make investments

REUTERS/Edgar Su/Files

QT Vascular has raised S$620,000 from Gem Global, while UMS Holdings and OCBC have made strategic investments in separate companies. In other news, Soo Kee Group has fully acquired Diamond Avenue Investments.

QT Vascular raises funds

QT Vascular has raised S$620,000 from Gem Global. The manufacturer of coronary products has sold a total of 55.5 million new ordinary shares in the company at 1.125 cents each to GEM Global Yield Fund LLC SCS and GEM Investments America LLC, an associated company of GEM Global.

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