Qualitas Medical eyes return to SGX with planned Mainboard listing

SINGAPORE (Apr 3): Malaysia-based primary healthcare provider Qualitas Medical is eyeing a return to the Singapore Exchange (SGX).

This time, the group is planning an initial public offering (IPO) on SGX’s Mainboard, according to a preliminary prospectus lodged with the Monetary Authority of Singapore (MAS) on Mar 29.

Qualitas had been listed on Singapore’s Catalist board in 2008, but was taken private in a US$36 million ($47 million) deal in 2011.

---

Related Stories

• MAS panel discusses ways to phase-out coal-fired power plants, adopt alternative fuels, attract private financing
• 'Transition credits' could sweeten deal for early retirement of coal-fired power plants: MAS, McKinsey paper
• Singapore’s headline inflation eases further to 4.0% while core inflation moderates to 3.4% in August (update)

---