Hi Everyone,
Today, I just saw an article about Q&M spend $203 million to purchase 8 clinic in Singapore.
From the article
The first group of acquisition targets comprise Orchard Scotts Dental and the De Pacific Dental Group of clinics located at Ang Mo Kio, Balestier, Jurong West and Pasir Ris.
Q&M will pay $12.5 million for these clinics.
It will fork out $3.8 million for Tiong Bahru Dental Surgery and Bright Smile Dental Surgery.
Another acquisition target is Aesthetics Dental Surgery, located in Park Mall, for which it will pay $4 million.
Source:
http://www.theedgemarkets.com/sg/article/qm-dental-spend-203-million-buy-eight-singapore-clinics?type=Markets
In the view of this article, I can say that Q&M is pretty aggressive in monopolizing this market in Singapore. Of course, as an investor, I certainly feel good about it because the more market share they gain, the shareholder will get benefit more :D
So what are your views?
