The purchase consideration takes into account the history, track record and future prospects of the business, as well as Dr Sebrina’s professional expertise, among others.
The proposed acquisition is in line with Q&M Dental’s plan to continue the expansion of its main dental business in Singapore. It is not expected to have any material effect on the net tangible assets per share and the earnings per share of the company for the current financial year ending Dec 31.
Shares in Q&M Dental closed 0.5 cents higher or 1.8% up on Sept 10 at 28 cents.
