Epic Research Singapore : Sgx Stock Recommendations

Q & M Dental Group (Singapore) said on Monday that controlling shareholder Quan Min Holdings Pte Ltd (QMH) and substantial shareholders, Kelvin Koh and Felicia Koh have agreed to sell a combined 10 per cent stake to Heritas Helios Investments Pte Ltd (HHI).

The dental group has signed a call option with HHI on May 24, 2014. This grants HHI the right to call upon Q&M to issue 63 million new shares within a 2-year option period for a minimum exercise price of S$0.48 per share.

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