It's a completely different speaker,
The Type M speakers are 2-way cabinet speakers meant for use with f.e. the later valve stereo
receivers like f.e. Grand Prix 608/609/610, Dirigent 609/610 and the Hifi Amplifiers 608/610.
They have a good sound when used with valve amplifiers but will also sound fair with f.e. a Beomaster 900.
Like the S607, they should not be compared to the later Beovox range but they are good speakers for their age
and lovely vintage stuff.
The Type M speakers are a bit rare, as most vintage stuff is, but not extremely.
I've seen pairs sell on Ebay for EUR 20-200.
As always, condition is everything.
If you ask me, every vintage B&O item is worth restoring. The drivers in the Type M speakers are
often found in incredible good condition.
Access to the innards is through the rear panel, a lot of screws and there's a load of rockwool in there.
I restored a pair for use with this Grand Prix Moderne Stereo 609, you can see the speakers
in several photos in the thread.