Which investment banks are advising Qualitas Medical on its IPO?

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CIMB Group Holdings Bhd and Credit Suisse Group AG are advising Qualitas Medical on its IPO.

Qualitas Medical Group, a Malaysian healthcare provider, is planning to raise approximately RM1 billion (US$310 million) through an initial public offering in Kuala Lumpur. CIMB Group Holdings Bhd and Credit Suisse Group AG have been engaged to manage this share sale. The company is considering pursuing a listing as early as the fourth quarter of the year.
IPO Proceeds for Regional Expansion

The funds raised from the IPO are intended to support Qualitas's expansion within the Asia-Pacific healthcare market. This region's healthcare sector is anticipated to experience significant growth, with projections indicating an average annual increase of 13 per cent, reaching US$752 billion by 2018, according to Frost & Sullivan.
Recent IPO Activity in Malaysia

Malaysian IPOs have seen a notable increase in capital raised this year, accumulating US$869 million. This figure represents a substantial rise compared to the US$569 million raised during the corresponding period in 2013, as indicated by data compiled by Bloomberg.
Qualitas Medical's Operational Footprint

Led by managing director Noorul Ameen, Qualitas operates a substantial network of over 250 clinics and medical centres. Its presence extends across Malaysia, India, Singapore, New Zealand, and Australia, as detailed on its official website. The company had previously been listed on the Singapore Exchange's Catalist board in 2008 before being taken private in 2011 by a consortium led by Southern Capital Group Pte for US$36 million due to low trading volumes.

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Which investment banks are advising Qualitas Medical on its IPO?

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