Q&M Dental (SGX:QC7) will buy the remaining 51% stake it does not yet own in associate EM2AI, an AI-powered dentist solution firm, according to a Monday filing with the Singapore Exchange.
The consideration for the sale is SG$1.8 million, and the transaction will be completed within two business days following the fulfillment of deal conditions.
EM2AI develops artificial intelligence for dental pathology detection and treatment planning through an integrated dental management system.