Pelikan aims to fly high

Pelikan International Corp Bhd president and CEO Loo Hooi Keat

NOW in the final stages of its restructuring exercise, Pelikan International Corp Bhd’s focus is to separate the wheat from the chaff.

The stationery manufacturer and distributor, which is hoping to return to the black in the current financial year ending Dec 31, 2014, says it is in the process of separating its profitable businesses from the unprofitable ones in the hope that the move could accelerate the group’s growth.