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Article: BHS ends first day with 10pc premium
- Article from:
- New Straits Times
- Article date:
- November 21, 2007
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Zurinna Raja Adam
New Straits Times
11-21-2007
BHS ends first day with 10pc premium
Byline: Zurinna Raja Adam
Edition: Main/Lifestyle
Section: Business Times
Column: IPO watch
Type: Company
BHS Industries Bhd, a publisher and printer of school books and magazines, ended its maiden day on Bursa Malaysia's main board with an almost 10 per cent premium.
The stock opened at 69.5 sen and closed at 74 sen yesterday with 60 million shares traded.
BHS raised some RM18 million from its initial public offering (IPO) of which about RM15 million has been allocated to upgrade and purchase new colour printing machines.
It had offered 20 million shares at 68 sen per share.
After the initil public offering, ...
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