Between Nov 25 and 30, Quan Min Holdings acquired 12,728,900 shares of Q & M Q& M Dental: QC7 +1.61% Dental Group (Singapore) (Q & M) shares. Quan Min Holdings is an investment holding company incorporated in Singapore and Q & M' s ultimate parent company.

 

The shares were acquired at an average price of 62.3 cents per share with a consideration of S$7,935,530.

 

The acquisitions increased the deemed interest of founder and group CEO, Ng Chin Siau in Q & M from 52.74 per cent to 54.09 per cent.

 

This followed the acquisition of 3,050,300 shares at 58.9 cents per share between Nov 23 and 24 and 7,584,300 shares at 59.3 cents per share between Nov 12 and 18.

 

Dr Ng founded the group in 1996. He is responsible for its corporate direction.

 

He leads the group in all aspects of its business strategies, policy planning and business development in Singapore, Malaysia, and China.