Q&M Dental Group’s wholly owned subsidiary has entered into an MOU with Q&M Dental (Shenyang) for the provision of laboratory services through the formation of a joint venture (JV).
The wholly owned subsidiary, Singapore Dental Cadcam Laboratory (SDCL), has entered into the agreement with Q&M Dental (Shenyang), a wholly owned subsidiary of Aoxin Q&M Dental Group, which is a subsidiary of Q&M Dental.
The MOU is related to the formation of a joint venture to carry out the provision of laboratory services including processing of porcelain crown, bridges and dentures, and development of dental inlay technology.
SDCL and Q&M Dental (Shenyang) are in discussion on the terms of the joint venture shareholders agreement to be entered into.
Shares in Q&M Dental Group closed 1.5 cents higher or 3.158% up at 49 cents on Sept 12.
