Qualitas Medical set for S'pore stock exchange listing

Qualitas, founded and helmed by managing director Datuk Dr Noorul Ameen(pic), owns and operates primary healthcare centres across Malaysia, Australia, Singapore and India. It owns and operates 109 primary care centres, 19 dental clinics, 10 medical imaging centres and one dental laboratory.

PETALING JAYA: Qualitas Medical Ltd is said to be on track for its initial public offering (IPO) on the Singapore stock exchange (SGX), with its valuation still being sorted out by the promoters.

Sources said investment bankers hired by the company, which operates a chain of medical clinics, are currently working towards fixing a price that would be agreeable to its prospective investors as well as the existing shareholders.