Q&M Dental's stock price surged 3.45% during intraday trading on Thursday, showing significant upward momentum.
The sharp rise appears to be driven by the company's recent completion of its acquisition of Ann Arbor Dental Surgery. According to a filing with the Singapore Exchange, Q&M Dental issued 657,819 shares at SG$0.55 per share as part of the SG$361,800 consideration for the transaction.