Troubled No Signboard has terminated loan deals with two investors, after entering a rescue deal with a larger investor, according to an SGX filing Wednesday.
Q & M Dental Group
Singapore company briefs: Wilmar, Keppel Infrastructure Trust (KIT), IREIT Global, OxPay Financial and Q & M Dental Group (Singapore).
Troubled chilli crab icon No Signboard has entered an agreement with Q & M Dental’s founder for an interest-free unsecured loan of S$2.6M.
No Signboard said Friday major shareholder GuGong agreed to sell a 22% stake in the troubled chilli crab icon to Bryan Lim Soon Fang for S$1.
No Signboard said Thursday the motivation of Q & M Dental‘s founder in taking a stake in the troubled chilli crab purveyor is altruistic.
No Signboard’s controlling shareholder will sell 29% of the troubled chilli crab chain to Q&M Dental’s CEO for S$1, an SGX filing said.
SG stocks Thursday, 24 Feb 2022: Sheng Siong, LS 2, OCBC, United Hampshire US REIT, Q & M Dental Group (Singapore) and Sembcorp Industries.
Singapore companies announcing executive changes: Q & M Dental Group (Singapore).
Q & M Dental reported Wednesday its 4Q21 net profit fell 47% on-year to S$3.17M, partly on higher expenses for consumables and supplies.
Q&M Dental subsidiary Acumen Diagnostics has appointed UOB Kay Hian to explore a listing on Nasdaq, according to filings to SGX Monday.
SG stocks Fri., 17 Dec. 2021: Yangzijiang, Mapletree Logistics, Hong Leong Finance, SBS Transit, Oxley, Q&M, Daiwa House Logistics Trust, QT Vascular and SingHaiyi.
SG stocks Monday, 6 Dec 2021: SembMarine, CICT, Chip Eng Seng, SIA Engineering, Starhill Global REIT, SingPost, Banyan Tree, JUMBO , Hong Lai Huat and OxPay.