Company Watch

Q&M Dental shares advance on report of strong earnings trajectory

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Q&M aims to open up to 30 outlets a year in Singapore and Malaysia from this year, for the next 10 years.

PHOTO: ST FILE

SINGAPORE - Listed Q&M Dental Group's stock jumped as much as 4 per cent on Tuesday (March 30) after Maybank Kim Eng (MKE) put out a strong "buy" recommendation on it on Monday and set a target price of 87 cents.
This is 25 cents, or 40 per cent, above the closing price of 62 cents yesterday. Some 8.5 million shares changed hands as the counter gained a nett 1.5 cents. Earlier, it hit an intraday high at 63 cents.
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