Business Services Industry
Honda expects 34pc increase in sales, BUSINESS TIMES
Business Times (Malaysia), February, 2004
Business Times (Malaysia) 02-10-2004 SKINCARE product and services company Esthetics International Group Bhd (EIG) will raise RM17.5 million from its impending flotation for business expansion. Executive chairman Lim Yee Soon said it will use RM2.5 million in next two years to open six skincare centres in Klang Valley, Penang and Selangor. It currently operates 22 skincare outlets in Malaysia, including 16 Leonard Drake centres and six Belle Lina franchise centres for skin care and wellness products.
Lim said the balance of the fund raised will be spent on new office and warehouse (RM2.5 million); business expansion in Hong Kong (RM2 million); launching fast-moving consumer goods product (RM2 million); working capital (RM2 million); information...
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