by: Tam Ging Wien

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Malaysia’s healthcare service provider Qualitas Medical Ltd (Qualitas) has begun marketing efforts for what is believed to be a S$100m IPO in Singapore. By picking Singapore as its listing venue, Qualitas seems to be sending investors a message that it has ambitions to expand across the region.

Qualitas’ largest shareholder is Southern Capital Group (Southern Capital) controlling more than 77.7% of the shares in the pre-IPOed entity …