Sakae diversifies into corporate advisory services, with first client Q&M Dental Group

Sakae Holdings' subsidiary has clinched its first corporate advisory client. -- PHOTO: ST FILE
Sakae Holdings' subsidiary has clinched its first corporate advisory client. -- PHOTO: ST FILE

Mainboard-listed Sakae Holdings, known for its chain of Sakae Sushi restaurants islandwide, has snagged its first corporate advisory client.

The group said its wholly-owned subsidiary, Sakae Corporate Advisory, has been appointed as corporate adviser to Q&M Dental Group for two years.

Said Sakae founder Douglas Foo said: "I learnt that one of the interests of many European and American family offices and fund managers is in investing in companies with very strong growth potential. I must say that Q&M definitely falls into this category."

As to how Sakae Corporate Advisory. will go ahead with this new appointment, Mr Foo said: "Our programme is a three-part, two-year programme, where the first part is centred on making sure that the investment merits of our clients are highlighted in the right way to our targeted investors.

"Secondly, we will then work with analysts and various European brokerages to further explore any possible growth-drivers that are available internationally for our client. Thirdly, we will then bring our clients individually to 'custom-made' investment roadshows in more than 10 major European and American cities."

Mainboard-listed Q&M Dental Group operates the largest network of dental outlets in Singapore and is expanding into China and Malaysia. In Singapore, the group has more than 55 dental clinics and centres and one mobile dental clinic. It also owns two dental supplies and equipment distribution companies.