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SINGAPORE — Q&M Dental Group has confirmed that its unconditional cash offer for all remaining shares in Aoxin Q&M will close on 16 June at 5:30 p.m.
In a filing with the Singapore Exchange, the company stated that it does not plan to revise the offer price or extend the deadline.
The offer, priced at $0.0321 per Aoxin Q&M share, follows Q&M Dental’s recent move to increase its stake in the subsidiary from 33.33% to 50.53%.
Q&M Dental announced on 19 May that the official offer document had been electronically distributed to Aoxin Q&M shareholders.
The group has made clear that the offer will expire as scheduled, and no further changes will be made.
