Stake changes: Aoxin Q & M, Q & M Dental and Huationg Global

Q&M Dental clinic at Tanjong KatongQ&M Dental clinic at Tanjong Katong

Singapore substantial shareholder changes: Aoxin Q & M Dental Group, Q & M Dental Group (Singapore) and Huationg Global.

Aoxin Q & M Dental Group

Acumen Holdings sold 4,327,272 shares of Aoxin Q & M Dental Group for around S$999,600 in an off-market transaction, taking its stake to 5.6 percent from 6.5 percent previously, according to a filing to SGX Monday.

Tan Lee Meng, who has a 37.07 percent stake in Acumen Holdings, is deemed interested in the shares, the filing said.

Q & M Dental Group (Singapore)

Ng Chin Siau’s deemed interest in Q & M Dental Group (Singapore) increased to 51.82 percent from 51.6 percent after Quan Min Holdings acquired 2 million shares of the company on 12 November for S$1.17 million, according to a filing to SGX.

On November 15, Quan Min Holdings acquired an additional 1,770,400 shares of Q & M Dental for around S$1.05 million, further boosting Ng’s interest to 52.01 percent, according to a separate filing to SGX.

Quan Min is Q & M Dental’s parent company; Ng is Q & M’s founder and CEO.

Huationg Global

Cheong Weixiong (Zhang Weixiong) became a substantial shareholder of Huationg Global after acquiring 9 million shares for S$865,890 in a placement deal, taking his stake to 5.102 percent from holding no shares previously, according to a filing to SGX Monday.

Jin Xin Wealth Management also became a substantial shareholder of the company after acquiring 9 million shares for S$865,890 in a placement deal, for a 5.102 percent stake, up from holding no shares previously, according to a separate SGX filing. Yap Soon Heng @ Julian Yap, the executive director and sole shareholder of Jin Xin Wealth Management, is deemed interested in those shares, the filing said.

 

Follow Shenton Wire on Telegram to receive alerts on your phone