Q & M Dental Group (QC7) said on Mar, 01 2026 that it has signed a placement agreement to subscribe for 50,000,000 new ordinary shares in its subsidiary Aoxin Q & M Dental Group Limited.

The shares will be issued at 0.1566 Singapore dollars each, bringing the total consideration to about 7.83 million Singapore dollars. The issue price represents a 10.0% discount to Aoxin’s volume-weighted average price of 0.1740 Singapore dollars recorded on Feb, 27 2026, the last full trading day before the agreement was signed.

Upon completion, Q & M Dental Group’s stake in Aoxin will rise to roughly 588.6 million shares, or 51.81% of Aoxin’s enlarged share capital. The company said the move is intended to reinforce its position as Aoxin’s largest shareholder, strengthen alignment between the two businesses and support Aoxin’s expansion plans, particularly in the People’s Republic of China.

The transaction is classified as a non-disclosable deal under Singapore Exchange Listing Manual rules, as all relative figures set out in Rule 1006 are below 5%.

Q & M Dental Group added that there is no certainty the subscription will proceed to completion and advised shareholders to exercise caution when trading its shares. It will release further updates as necessary.