BEC Tero Entertainment to increase TV programme production, plans IPO.(news room)(Brief Article)

BEC Tero Entertainment, a production house subsidiary of BEC World, which operates Thailand's TV Channel 3, is looking to increase sales revenue in 2004 through expanding TV production "for all channels".

Cathleen Maleenont, assistant to the senior executive of BEC World, said the company would target all free-to-air channels. Currently BEC World produces seven to eight hours of programmes a week for Channel 3.

The production subsidiary plans to float 50 million shares in an IPO on the Stock Exchange of Thailand in early April to raise up to US$7.7 million. The ...