Tue, Mar 03, 2020 - 9:03 AM CHINESE authorities have granted approval to two Singapore-listed companies to resume their operations which had bee
Tue, Mar 03, 2020 – 9:03 AM
CHINESE authorities have granted approval to two Singapore-listed companies to resume their operations which had been put on hold last month amid the novel coronavirus outbreak.
Catalist-listed Aoxin Q&M Dental Group has reopened eight of its 17 dental centres in Liaoning province.
The company said it has fulfilled the required standard operating procedures and met the reopening criteria for the four hospitals and four polyclinics.
However, the other nine centres remain closed, and this is expected to have an impact on Aoxin Q&M’s financial results for the year ending Dec 31, 2020, according to the group’s bourse filing on Monday evening.
Aoxin Q&M announced on Feb 10 that it had shuttered all 17 of its dental centres – comprising 11 polyclinics and six hospitals – until further notice, as directed by the Chinese government and local dental health authorities. The centres are located across eight cities in Liaoning.
On Monday, the group said it has implemented additional safety precautionary measures for front-line staff and will continue to…