Chin Hin upbeat on growth this year

Market access: Chiau says the IPO gives Chin Hin access to the capital market after 40 years in the business.

KUALA LUMPUR: Chin Hin Group is targeting to grow its manufacturing division substantially in 2016.

The integrated building materials firm, which will launch its initial public offering (IPO) prospectus today for listing on the Main Board of Bursa Malaysia, has allocated RM15mil to expand its manufacturing business from the RM41 million it intends to raise from the IPO.