Q&M Dental: Co. has proposed to issue TDRs of up to US$50m on the Taiwan Stock Exchange. The TDR will enable Q&M to diversify its shareholder base, provide additional fund raising and create a new listing platform for the company. While lacking further details on the proposed TDR….
The TDR Issue is conditional upon, the granting of the necessary approvals by the TSE, the CBC, the SFB and the SGX-ST. As the Proposed TDR Issue is subject to, approvals from the relevant govt and regulatory authorities and the then prevailing market and economic conditions, the Proposed TDR Issue may or may not proceed and investors are advised to exercise caution when dealing in Co. shares.
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