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Q&M spinoff Aoxin to place out 57 mil new shares at 20 cents each in listing

IPO

Q&M spinoff Aoxin to place out 57 mil new shares at 20 cents each in listing

PC Lee Published on Fri, Mar 31, 2017 / 4:43 PM GMT+8

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SINGAPORE (March 31): Aoxin Q&M Dental Group is planning to raise net proceeds of about $9.1 million via a proposed listing on Catalist.

According to preliminary documents lodged on Friday, the group plans to place out 57 million new shares at 20 cents each.

A spin-off from Q&M Dental Group, Aoxin provides dentistry and dental specialist services and dental equipment and supplies distribution businesses in Northern China.

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