Qualitas to buyRadLink?

PETALING JAYA: Private healthcare provider Qualitas Healthcare Corp Bhd, which has temporarily halted its listing plan on the Main Market of Bursa Malaysia, is currently in talks to acquire RadLink-Asia Pte Ltd, a Singapore-based diagnostic and molecular imaging service provider, sources said.

RadLink, which is a unit of India’s Fortis Healthcare group, was in the news recently as a deal had been struck for it to be acquired by the Malaysian-listed medical giant IHH Healthcare Bhd. Just two weeks ago, the Competition Commission of Singapore (CCS) had blocked the deal on the basis of “a substantial lessening of competition” in affected markets.