SG brief: QT Vascular

Toothbrushes. Credit: Bekky Bekks on UnsplashToothbrushes. Credit: Bekky Bekks on Unsplash

QT Vascular said Thursday it is in advanced negotiations with independent third parties to aquire stakes in certain dental businesses.

The talks are on-going and no agreement has been entered into so far, and there is not certainty a transaction will occur, the company said in a filing to SGX.

In March, QT Vascular’s 60 percent-owned subsidiary Eastern Dental Centre entered a deal to acquire three Eastern Dental Surgery clinics in Singapore.