Article: BHS aims to raise RM18m

Chong Pooi Koon
New Straits Times
10-30-2007
BHS aims to raise RM18m
Byline: Chong Pooi Koon
Edition: Main/Lifestyle
Section: Business Times
Column: IPO watch

BHS Industries Bhd, a publisher and printer of school books and magazines, plans to raise RM18 million in an initial public offering (IPO) before listing on Bursa Malaysia's second board.

The bulk of the proceeds will be used to upgrade its machinery to newer technology and faster speed, which will shorten delivery time, save on paper and improve quality of the prints, executive director B.S. Heng said.
"We have a lot of room for growth. The listing will boost customers' confidence in us, as we would have new machinery to undertake more ...

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