Aoxin Q & M Dental (SGX:1D4) outlined its plans to propose a transfer to the mainboard of the SGX-ST and submitted an application related to the transfer on June 26, according to a Friday filing with the Singapore Exchange.
Shares of the dental services company were up over 2% in Monday trading.
The company has demonstrated sustained profitability in the last four financial years, and listing on the Mainboard will improve the company's visibility and broaden its shareholder base.
The proposed transfer is subject to SGX approval and the ability of the company to satisfy relevant listing requirements.