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QT Vascular to set up new holding company; to diversify business into dental and general medical services

Felicia Tan
Felicia Tan • 4 min read
QT Vascular to set up new holding company; to diversify business into dental and general medical services
QT Vascular says it intends to seek the approval of its shareholders on the move.
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QT Vascular has, on May 25, entered into a conditional sale and purchase agreement (SPA) to acquire a 60% stake in Asia Dental Group from Dr Gian Siong Lin Jimmy for a consideration of $7.65 million.

The proposed acquisition comes as QT Vascular seeks to diversify into the business of provision of dental services and general medical services

QT Vascular is a medical devices company that specialises in the minimally invasive treatment of vascular diseases.

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