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Q&M Dental CEO Ng to be largest shareholder of No Signboard; Oxley's Low raises stake

The Edge Singapore
The Edge Singapore3/10/2022 11:8 AM GMT+08  • 4 min read
Q&M Dental CEO Ng to be largest shareholder of No Signboard; Oxley's Low raises stake
No Signboard says it is still looking for new investment
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Dr Ng Chin Siau is poised to be the single-largest shareholder of beleaguered restaurant operator No Signboard Holdings following the purchase of a 29% stake for the token sum of $1.

As part of the deal, Ng, better known as the co-founder and CEO of Q&M Dental Group, is extending an interest-free, unsecured loan of $2.6 million to No Signboard for working capital.

However, additional funding is needed beyond the coming 12 months and No Signboard is still looking for other investors.

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