Thursday, April 28, 2011

Q&M Dental

Q&M Dental: Obtained US$15m ($18.9m) in loans at 2.8% and LIBOR rate from IFC, a member of the World Bank. Of which $5m is a convertible loan at $0.69 per share. The loans are to fund expansion plans in the People's Republic of China. Co currently trades at P/E of 48.3x vs hist avg of 29.8x

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