Q & M DENTAL GROUP (SINGAPORE) LIMITED
(Company Registration Number 200800507R)
(Incorporated in the Republic of Singapore)
ANNOUNCEMENT
RESPONSES TO SUBSTANTIAL AND RELEVANT QUESTIONS RECEIVED FOR THE ANNUAL
GENERAL MEETING TO BE HELD ON 16 JUNE 2020
The board of directors (the "Board" or "Directors") of Q & M Dental Group (Singapore) Limited ("Q & M" or the "Company", and together with its subsidiaries, the "Group") would like to provide responses to substantial and relevant questions raised by its shareholders for the Company's Annual General Meeting to be held on 16 June 2020 as follows:
Question | Response |
1. I read in SGX website announcing the | We are carrying out due diligence exercise and |
company's investment in another company's | will make the relevant announcement in |
making of Covid-19 test kits which incidentally | compliance with Listing Manual on material |
had Health Science Authority's approval. Can | progress. |
kindly update us on the progress of this project | |
so far? | |
2. Please provide an update on the progress | More than 90 Q & M Dentists and staff have |
achieved in the swab tests conducted by 90 | swabbed 14,000 foreign workers on a voluntary |
more Q & M staff. How many Foreign Workers | basis at more than 160 factory converted |
have Q & M team completed to date and how | dormitories since 23 April 2020. We have |
many more Q & M plan to do? Also, is Q & M | stopped the voluntary swabbing on 17 May 2020 |
compensated for the volunteering work? | in preparation for resumption of dentistry work |
after the Circuit Breaker ended on 1 June 2020. | |
As this is a voluntary exercise, there is no | |
compensation for Q & M. | |
3. Please provide an update on the progress of | We will make the relevant announcement in |
the JVCo in the establishment of a surgical | compliance with the Listing Manual on material |
mask manufacturing company since Q & M's | progress on the propose investment for the |
announcement in Mar 2020. Understand that | establishment of a surgical mask manufacturing |
the surgical masks are now available in | company. |
Singapore among the health care workers. As | |
such please share the quantity that has been | |
shipped to Singapore and what is the rate of | |
production of these surgical masks per week? | |
4. In Dec 2019, Q & M unfolded its plans on AI | The AI-engineer power solutions in diagnosis |
technology's future implementations and | and providing the most effective and suitable |
developments at the launch of their newest | treatment plans for patients is progressing |
clinic at EkoCheras Mall, Kuala Lumpur. Please | smoothly in accordance to plan. It is currently in |
provide an update of the progress made to- | pilot trial run in Q & M Malaysia clinics. We |
date and share any road-map of Q & M roll-out | expect to roll out to Singapore clinics for pilot |
to their Singapore clinics. | trial run in 2021. |
5. Please provide an update of Q & M joint | We are carrying on due diligence exercise and |
venture with Acumen Holdings in terms of | will make the relevant announcement in |
progress achieved by Acumen Diagnostics to- | compliance with the Listing Manual on material |
date. Please also share any road-map of the | progress. |
steps ahead to achieve the desired outcome. | |
6. Among all the dental services offered by Q & | During the Phase 1 of Circuit Breaker (CB), only |
M, how many percent belong to basic dental | non-elective, urgent and emergency dental |
services that are allowed in Phase 1 CB and | treatment is allowed. During Phase 2 of CB, |
how many percent of the services allowed in | dentists are allowed to perform more dentistry |
Phase 2 CB? | services but should minimize aerosol |
generation. Services such as root canal | |
treatments, fixing of dental crowns, fitting of | |
retainers, skilling and polishing will be allowed | |
under Phase 2 of the CB but dentists should | |
schedule time in between patients to allow for | |
complete disinfection of the clinic. | |
By Order of the Board
Q & M Dental Group (Singapore) Limited
Vitters Sim
Chief Financial Officer 10 June 2020
_________________________________________________________________________________
For more information, please contact:
Chief Financial Officer
Vitters Sim
Tel: 6705 9888
Email: vitters@qnm.sg
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Q & M Dental Group (Singapore) Limited published this content on 10 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2020 10:42:02 UTC