| Latest Forum Topics / QT Vascular |
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Light at the end of the tunnel
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SureStrike
Veteran |
18-Mar-2022 12:54
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The Board of Directors (" Directors" or " Board" ) of QT Vascular Ltd. (the " Company" , and together with its subsidiaries, the " Group" ) is pleased to announce that its indirect 60%-owned subsidiary, Eastern Dental Centre Pte. Ltd. (" Purchaser" ) has on 17 March 2022, entered into three (3) conditional sale and purchase agreements (collectively, the " SPAs" ) in respect of the acquisition of the business of Eastern Dental Surgery (Jurong West Branch) (&ldquo JW Clinic&rdquo ), Eastern Dental Surgery (Bukit Batok Branch) (&ldquo BB Clinic&rdquo ) and Eastern Dental Surgery (Jurong East Branch) (&ldquo JE Clinic&rdquo ) respectively (collectively, the &ldquo Eastern Dental Surgery Group&rdquo and each a &ldquo Target Clinic&rdquo ), as a going concern. The SPAs were entered into with the respective Sellers (as defined below) for a total cash consideration of S$1,256,500 (" Purchase Consideration" ), upon the terms and subject to the conditions of the respective SPAs (" Proposed Acquisition" ).  | ||||
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SureStrike
Veteran |
04-Mar-2022 21:59
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The Board of Directors of QT Vascular Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries, &ldquo Group&rdquo ) would like to update that on 3 March 2022, the Company&rsquo s wholly owned subsidiaries, TriReme Singapore Pte Ltd (&ldquo TriReme Singapore&rdquo ) and Quattro Vascular Pte Ltd (&ldquo Quattro&rdquo ) has responded to the statement of counterclaims made by InnoRa GmbH (&ldquo InnoRa&rdquo ) with the American Arbitration Association&rsquo s San Francisco regional office on 10 February 2022. The arbitration process is still in the early stages with discovery process to commence this month. The arbitration hearing is scheduled for January 2023 with the decision on the award of the claims made by TriReme Singapore and Quattro and the counterclaims made by InnoRa presently anticipated to be made within 2 months after the arbitration hearing. The Company will update the Shareholders as and when there are any material updates to the aforementioned arbitration, including its financial effects on the Group for the financial year ending 31 December 2023. BY ORDER OF THE BOARD Thomas Tan Gim Chua Chief Executive Officer 4 March 2022  | ||||
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waitlonglong2011
Senior |
16-Feb-2022 18:34
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The company has yet to announce this, it could be ZEROed in the end during their next Annual Result Reporting then! My wild guess! lolx 
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sklong138
Elite |
11-Feb-2022 09:08
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RECAP
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SmallSmall
Supreme |
10-Feb-2022 10:12
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Buyers building up at $0.004.  | ||||
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SmallSmall
Supreme |
18-Jan-2022 11:16
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This may will be the dark horse for this year. New business new shareholders and potential special dividend payments for those who had bought CE
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SureStrike
Veteran |
14-Jan-2022 19:39
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Go go QTV! Opened up a new page. Good luck to all! | ||||
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ssrata
Member |
14-Jan-2022 14:27
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Even if there is no moratorium why should the new investors who are also the controlling shareholders sell? They received more than 4 billion shares at 00018 in exchange for 60 per cent of their dental business. It is in their interest to see the share price stable at around 0.005 to 0006 cents than to plunge to 0.001 cents. These investors are ultimately business professionals not fool hardy gamblers.
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SmallSmall
Supreme |
14-Jan-2022 11:20
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Key word is Moratorium. Time to move on with new Dental business.
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waitlonglong2011
Senior |
14-Jan-2022 09:14
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Extracted, Price dropping day? lol ==>     The listing and quotation of the Consideration Shares and Subscription Shares on Catalist is expected to take place with effect from 9.00 a.m. on 17 January 2022. The Subscription Shares have been placed out within 7 market days from the date of the extraordinary general meeting of the Company convened on 8 January 2022 and all the conditions for the listing and quotation of the Consideration Shares and Subscription Shares announced by the Company on 22 December 2021 are met.  | ||||
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SmallSmall
Supreme |
11-Jan-2022 13:49
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CE = XE price :) | ||||
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SmallSmall
Supreme |
10-Jan-2022 16:30
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Gross US$16 mil payout? Less contingent liabilities? And new Dental business?
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lailai
Elite |
10-Jan-2022 15:24
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After XE, what valuable asset has kongsi has. Nav negative, debts, etc, ... . Maybe at 001/002 people will punt. At 003 or 004, many will sell. Just gassing. ![]()  
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SmallSmall
Supreme |
10-Jan-2022 13:26
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Last cum date today.
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SmallSmall
Supreme |
08-Jan-2022 10:07
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EGM passed. Last CE day on Monday. Entitlement is only contingent at this stage.
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ksangks
Senior |
07-Jan-2022 18:02
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This one negative equity , load making . | ||||
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waitlonglong2011
Senior |
06-Jan-2022 16:48
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Oh ya, thanks.
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SmallSmall
Supreme |
06-Jan-2022 07:01
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13 Jan is book closure. XE date is 11 Jan 2022
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waitlonglong2011
Senior |
05-Jan-2022 22:13
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XE date will be 13 Jan right?
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SmallSmall
Supreme |
04-Jan-2022 14:21
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What will the XE price be ?Anybody wants to make a guess? In theory the total payment of US$16 mil (pend FDA PMA approval) by vendor will be translated to $0.0085 to $0.0095 per shares (depending whether the debt conversions counts as they have not been issued as at now) Of course the tricky part is how much would be paid in what portions and if any would be paid. Though I would believe shareholders would be rewarded if the US$16 mil comes through. No reason to doubt this payment as it was a milestone agreement previously signed. Bear in the mind the placement shares and consideration shares would not be included in the payouts. Hence if you are a shareholder who holds the share till XE, you are unlikely to sell because there is no certainty on the date and amount payable. The bonus hence would therefore be selling XE at current or 1 tick lower and awaits the payouts of potentially $0.0085-$0.0095.   |
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