Q&M Dental (SGX:QC7) will buy the remaining 51% stake it does not yet own in associate EM2AI, an AI-powered dentist solution firm, according to a Monday filing with the Singapore Exchange.
The consideration for the sale is SG$1.8 million, and the transaction will be completed within two business days following the fulfillment of deal conditions.
EM2AI develops artificial intelligence for dental pathology detection and treatment planning through an integrated dental management system.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.