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Acumen CEO placed on leave of absence due to acquisition of indirect interest in assets of Acumen’s supplier

Felicia Tan
Felicia Tan • 2 min read
Acumen CEO placed on leave of absence due to acquisition of indirect interest in assets of Acumen’s supplier
Ong has objected to being placed on a leave of absence as she does not agree that there is any cause for investigation.
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Dr Ong Siew Hwa, the CEO of Acumen Diagnostics, has been placed on a leave of absence by the company’s board of directors. Acumen is a subsidiary of Mainboard-listed Q&M Dental Group (SGX:QC7) and an associated company of Catalist-listed Aoxin Q&M (SGX:1D4) Dental Group.

The move was made to facilitate investigations into Ong’s acquisition of an indirect interest in the assets of a supplier of Acumen as well as the ancillary issues arising from the acquisition.

Ong is also an executive director of Aoxin Q&M.

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