Qualitas planning RM1b IPO in KL: sources
Singapore
QUALITAS Medical Group, a Malaysian healthcare provider, plans to seek about RM1 billion (S$388 million) from an initial public offering in Kuala Lumpur, according to people familiar with the matter.
CIMB Group Holdings Bhd and Credit Suisse Group AG are working on the share sale, the people said, asking not to be identified as the process is private. The company may pursue a listing as early as the fourth quarter, one of the people said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Amazon’s AWS commits extra S$12 billion to boost Singapore cloud infrastructure
New Thai finance chief wants monetary, fiscal policies aligned
Swiss-Asia Financial Services fined S$2.5 million for money-laundering rule breaches
Singapore-based Princeton Digital gets green loan for US$1.5 billion Asia AI hub
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Apple is working on its own AI chip for data centres: WSJ