Q & M Dental Decides to Shut Down Loss-Making Laboratory Business

MT Newswires
2024-10-28

Q & M Dental (SGX:QC7) has decided to suspend operations of the laboratory business of its subsidiary, Acumen, according to a filing with the Singapore Exchange on Monday.

The business has been in a loss making position following the shift away from COVID-19 PCR testing by the Singapore government and the company sees the suspension of the business to support and develop new businesses.

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