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Q & M Dental Group Acquires Shenyang Lan Hai Tong Mao Medical Equipment

Shares Investment

Q & M Dental Group’s indirect subsidiary, Q & M Dental (Shenyang), has announced the acquisition of 60 percent stake in Shenyang Lan Hai Tong Mao Medical Equipment, a distribution company located in Shenyang City, Liaoning Province, China.

The acquisition will have a consideration of Rmb7.56 million out of which Rmb1.8 million shall be paid for 60 percent of the active stocks in Shenyang Lan Hai valued at Rmb3 million.

The acquisition is in line with the group’s plan to continue the expansion of its dental equipment and supplies distribution business and allows the group to add an operational distribution company in China.



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