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CGSI's Tay keeps 43 cents target price on Q&M Dental following full ownership of associate EM2AI

The Edge Singapore
The Edge Singapore  • 2 min read
CGSI's Tay keeps 43 cents target price on Q&M Dental following full ownership of associate EM2AI
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CGS International analyst Tay Wee Kuang has kept his "add" call and 43 cents price target on Q & M Dental Group (Singapore) after it assumes full ownership of associate EM2AI.

On March 31, the dental chain announced it is spending $1.7 million to take over 51% of EM2AI, an entity that provides digital solutions for dentistry. 

The sellers are Q&M's own key management including CEO Dr Ng Chin Siau, COO Dr Raymond Ang, and CEO of EM2AI Ryan San. 

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