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PR Newswire
26-04-2017, 01:51 PM
Placement of 57,000,000 Placement Shares at S$0.20 each
Aoxin Q & M Dental Group announced that, as at the close of the Application List at 12.00 noon on 24 April 2017, all the 57,000,000 Placement Shares have been validly subscribed for and application monies received for these Placement Shares amounted to S$11.4 million.
The Shares are expected to commence trading on a “ready” basis at 9.00 a.m. on 26 April 2017.
Post-placement, Q&M Dental will retain a 43.9% stake in Aoxin, followed by Aoxin's CEO Dr Shao (29.4%) and key executive officers Dr Ren (2.8%), Mr Cui (2%) and Dr Zhang (1.5%), who all joined the Aoxin group via recent acquisitions.
More about Aoxin Q & M Dental Group in https://nextinsight.net/story-archive-ma...l-services
Aoxin Q & M Dental Group announced that, as at the close of the Application List at 12.00 noon on 24 April 2017, all the 57,000,000 Placement Shares have been validly subscribed for and application monies received for these Placement Shares amounted to S$11.4 million.
The Shares are expected to commence trading on a “ready” basis at 9.00 a.m. on 26 April 2017.
Post-placement, Q&M Dental will retain a 43.9% stake in Aoxin, followed by Aoxin's CEO Dr Shao (29.4%) and key executive officers Dr Ren (2.8%), Mr Cui (2%) and Dr Zhang (1.5%), who all joined the Aoxin group via recent acquisitions.
More about Aoxin Q & M Dental Group in https://nextinsight.net/story-archive-ma...l-services
Specuvestor: Asset - Business - Structure.