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Q&M and Lion Global Investors in married deal for 30 mil Aoxin shares changing hands at 18 cents each

Teo Zheng Long
Teo Zheng Long • 1 min read
Q&M and Lion Global Investors in married deal for 30 mil Aoxin shares changing hands at 18 cents each
With a total consideration of $5.4 million, excluding brokerage and stamp duties, this translates to a price of 18 cents per share. Photo: Albert Chua/The Edge Singapore
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In an SGX filing dated April 13, Q&M Dental Group (Q&M) announced that on April 10, it has disposed 30 million shares of Aoxin Q&M Dental Group (Aoxin) via married deal to Lion Global Investors.

With a total consideration of $5.4 million, excluding brokerage and stamp duties, this translates to a price of 18 cents per share.

Following the April 10 married deal, Q&M’s stake in Aoxin has reduced from 55.87% to 52.93%.

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