Q&M Dental Group

Last updated
Q & M Dental Group (Singapore) Limited
Company type Public Company
Industry Dentistry
Founded Singapore (1996;28 years ago (1996))
Headquarters Singapore
Key people
 Ng Chin Siau（Founder & CEO）
Website qandm.com.sg

Q&M Dental Group (Singapore) Limited (SGX : QC7 ) is a Singaporean private dental healthcare group listed on the Singapore Exchange. It employs over 580 qualified dentists around the world, and is currently Singapore's largest private dental group, with over 100 clinics across the country. [1] [2] [3]

In Malaysia, Q&M Dental operates more than 45 dental clinics and a dental supplies and equipment distribution company. [4] They also have 17 dental clinics operating in China. [5]

Q&M is currently listed on the mainboard of Singapore Exchange (SGX). [6] The company made it into the 2015 and 2017's Forbes Best Under a Billion List, and was awarded the 2020 President's Volunteerism & Philanthropy Award (Organisations of Good) for their contributions during the COVID-19 Pandemic. [7] [8]

History

Founded in 1996 by Dr Ng Chin Siau and his wife Foo Siew Juan, together with 17 other founding dentists, Q&M was established when Ng bought over a Dental Practice in Bukit Batok financed through the sale of his HDB flat. As a competitively-priced dental clinic, it became popular among Singaporeans, and by the year 2000, Q&M was operating 10 clinics across the island. [9] [10]

Q&M continued to expand and in 2008, Q&M was incorporated as a private company limited by shares and underwent a restructuring exercise. Subsequently on 26th November 2009, Q&M Dental Group (Singapore) Limited was listed on the Singapore Exchange (SGX) on 26th November 2009, raising SGD$20,000,250 in its Initial Public Offering, with stocks trading at SGD$0.27 and a total of 74,075,000 shares issued. [6]

After the IPO listing, Q&M continued further expansion, with them opening around 5 clinics each year in Singapore, and venturing into the Malaysia and China markets. [11] [3]

In 2019, the Q&M College of Dentistry was established and registered as a Private Education Institute in Singapore, located in their flagship City Square Mall clinic. It offers a two-year graduate diploma course in clinical dentistry, taught by a faculty of 32 lecturers. [12]

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References

  1. ↑ Yang, Royston (2022-01-13). "4 Things You Should Know About Q&M Dental Group". The Smart Investor. Retrieved 2024-07-01.
  2. ↑ "Investor Relations: Understanding Q & M". qandm-dental.listedcompany.com. Retrieved 2024-07-01.
  3. 1 2 Chan, Danny (2023-04-12). "Q&A: Dr Ng Chin Siau". DENTAL RESOURCE ASIA. Retrieved 2024-07-01.
  4. ↑ "Q & M | Dental Group (Malaysia) | Q&M". www.qandm.com.my. Retrieved 2024-07-01.
  5. ↑ Chan, Danny (2023-04-12). "Q&A: Dr Ng Chin Siau". DENTAL RESOURCE ASIA. Retrieved 2024-07-01.
  6. 1 2 "Q&M Dental Group FY 2009" (PDF). Q&M Dental Group. 26 November 2009.
  7. ↑ "Six Singapore small caps make the cut in Forbes' Best Under a Billion list". Yahoo Finance. 2015-06-25. Retrieved 2024-07-01.
  8. ↑ "PVPA honours everyday heroes". The Business Times. 2020-10-16. Retrieved 2024-07-01.
  9. ↑ Peak, The (2016-02-24). "The Peak Interview: Dr Ng Chin Siau, CEO-Founder of Q&M Dental, On The Power Of Human Relations". The Peak Magazine. Retrieved 2024-07-01.
  10. ↑ "4 Things You Should Know About Q&M Dental Group". Yahoo Finance. 2022-01-13. Retrieved 2024-07-01.
  11. ↑ "Knowing his business from root to crown". The Business Times. 2015-07-08. Retrieved 2024-07-01.
  12. ↑ "Q&M Dental opens Singapore's first private dentistry college for graduate studies, launches scholarships". The Straits Times. 2019-10-18. ISSN   0585-3923 . Retrieved 2024-07-01.
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