QT Vascular

Equity raising

Quantum Healthcare to raise $1 million via placement of new shares

Quantum Healthcare used to be called QT Vascular

Company in the news

QT Vascular shareholders vote against new board candidates; company to repay US$1 mil debt by issuing new shares

Another EGM will be held on Dec 15 to vote on the removal of existing board directors.
QT Vascular board faces ouster, CEO quits - THE EDGE SINGAPORE

Company in the news

QT Vascular board faces ouster, CEO quits

Other than Mission Well which holds 11.35%, there are no other substantial shareholders of QT Vascular
QT Vascular's shareholders call for petition to remove CEO and other directors - THE EDGE SINGAPORE

Shareholder activism

QT Vascular's shareholders call for petition to remove CEO and other directors

The letter came after QT Vascular’s request for halt in the trading of its shares at 1.11pm on Nov 16.
QT Vascular to set up new holding company; to diversify business into dental and general medical services - THE EDGE SINGAPORE

Deals, joint ventures & alliances

QT Vascular to set up new holding company; to diversify business into dental and general medical services

QT Vascular says it intends to seek the approval of its shareholders on the move.

Leadership

QT Vascular appoints Kelvin Tong as new CFO

QT Vascular has announced the appointment of Kelvin Tong as its new Chief Financial Officer, succeeding previous CFO Randall H. Farwell.

In print this week

When can the faith and patience of QT Vascular shareholders be repaid?

SINGAPORE (June 29): QT Vascular specialises in the development of medical devices for treating vascular diseases, specifically catheters inserted into the body to clear blocked arteries. It has developed six products so far.

QT Vascular to sell coronary assets to Teleflex in deal worth more than $98.4 mil

SINGAPORE (May 24): QT Vascular has entered into an asset purchase and option agreement to sell its non-drug coated coronary product line and related intellectual property (IP) licenses to Teleflex Life Sciences Unlimited Company and Teleflex Incorporated

Results

QT Vascular FY17 losses widened to $34.2 mil on settlement expenses

SINGAPORE (Mar 1): QT Vascular, the maker of coronary products, announced that its FY17 losses have widened to US$25.9 million ($34.2 million) compared to US$12.0 million in FY16.

QT Vascular raises $0.6 mil from placement of new shares to GEM Global

SINGAPORE (Jan 15): QT Vascular says it has raised $0.62 million from the capital commitment agreement entered into Gem Global.
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