0106 GMT - Q&M Dental Group could double its earnings after it completes the acquisition of more than 70 dental clinics in Australia, Singapore and Thailand, says Phillip Securities' Paul Chew in a note. The acquisitions are valued around an estimated S$272 million, he notes. The long tenure of the share moratorium and service agreement tied to one of the deals could help Q&M to scale up a new franchise and platform, the head of research adds. These deals could help to boost the Singapore-listed dental group's EPS by around 80%, he says. Phillip Securities raises its target price to S$0.71 from S$0.545 and retains its buy rating. Shares last closed at S$0.53. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 24, 2026 21:06 ET (01:06 GMT)
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