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Q&M to acquire remaining 51% in associate EM2AI for $1.76 mil

Nicole Lim
Nicole Lim • 2 min read
Q&M to acquire remaining 51% in associate EM2AI for $1.76 mil
The incorporation of the owned associate, which is engaged in using AI in dental care, will accelerate Q&M’s transition into a full digital dental ecosystem. Photo: Albert Chua/The Edge Singapore
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Q&M Dental has entered into a share purchase agreement to acquire the remaining 51% of shares it does not already own in associate company EM2AI on March 31. 

The proposed acquisition will be for a consideration of 1.606 million ordinary shares worth $1.76 million. 

EM2AI has been a 49% owned associate company of Q&M Dental since March 5, 2024, when the company completed a partial loan conversion.

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