Aoxin Q&M Dental (SGX:1D4) signed a memorandum of understanding to establish a dental hospital in Shenyang, China, according to a Tuesday filing with the Singapore Exchange.
The estimated investment is 35 million yuan, including the acquisition of a property, which has been completed.
The hospital will have a gross floor area of 2,430 square meters and is scheduled for a soft opening by the end of September.