Q & M Dental Singapore : Conclusion of Strategic Review
Q & M DENTAL GROUP (SINGAPORE) LIMITED(Company Registration Number 200800507R) (Incorporated in the Republic of Singapore)
CONCLUSION OF STRATEGIC REVIEWOF THE COMPANY’S BUSINESS
1.The Board of Directors (the “Board“) of Q & M Dental Group (Singapore) Limited (the“Company“and together with its subsidiaries, the “Group“) refers to its announcement on 23 February 2017 whereby the Company announced that it has appointed Religare Capital Markets Corporate Finance Pte. Limited(“RCM“)as its financial adviser to undertake an independent strategic review of options available for its business.
2. Over the course of the strategic review, RCM had examined the valuation impact of various aspects of theGroup’s businessand had submitted its observations to the Board.
3. Based on the observations, the Board is of the opinion that no change in the strategy of the Group is required and has therefore concluded the strategic review.
By Order of the Board
Q & M Dental Group (Singapore) Limited
Chief Financial Officer 25 December 2017
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Senior Legal Counsel
Chief Financial Officer
Q & M Dental Group (Singapore) Limited published this content on 25 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 December 2017 04:14:02 UTC.