Singapore's Q&M to buy TP Dental Surgeons in $21.5m deal

Company brand logo

SGX-listed Q&M Dental Group, one of the largest private dental healthcare group in Singapore, said Tuesday that it plans to buy TP Dental Surgeons  for S$28.6 million ($21.5 million).

It will pay S$18 million in cash and S$10.6 million through the issuance of shares in Q&M at an issue price of S$0.70668 per share for TP Dental Surgeons that is owned by five dental practitioners – Dr Hwang Yee Cheau, Dr Phua Tin Cock, Dr Tng Thiam Huat, Dr Ngan Kee Leong and Dr Chin Yee Fatt.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter