Q&M

Q&M: Channel News Asia interviewed Q&M CEO Dr Ng, and he said that there’s a possibility of acquiring more dental hospitals in China. With over 1000 dental hospitals in China, Q&M sees much scope for growth Some key points Dr Ng highlighted: 1) All 6 of recently announced acquisitions of dental hospitals are covered under Yi Bao (state medical insurance), effectively giving them an exposure to >90% of Chinese population, who are covered. 2) IPO for its Chinese operations may be possible post acquisitions. Singapore and Hong Kong will be focused looked at. 3) Dr Ng addressed concerns of quality consistency between Singapore and China, and highlighted only graduates or those with Masters are hired. He added that the sheer population provides more cases to practice on. Link to story: http://www.channelnewsasia.com/news/business/singapore/q-m-dental-to-push-china/1200124.html