The business's roots trace back to 1990 with the incorporation of BMS Enterprise, a partnership focused on the supply and installation of tiles. This partnership was discontinued in 2012.In 1993, Jubin 1990 was incorporated by the Promoters and commenced retailing of tiles and stone surfaces with their first showroom in Johor. Jubin 1990 also started supply and installation services.

BMS Holdings Bhd, a distributor of building materials, on Thursday launched its listing on the ACE Market that will raise over RM114 million. The company is now accepting applications from investors for its shares at 22 sen apiece, according to its prospectus. The IPO will raise RM80.1 million for BMS Holdings from the public issue of new shares and another RM34.3 million for its selling shareholders from the sale of existing shares. Applications for the IPO will close on Nov 19, and is scheduled for listing on Dec 8. Based in Johor, the company is involved in the retail, wholesale, and project sales of tiles and stone surfaces, including porcelain and ceramic tiles, natural and engineered stones, and mosaic tiles. BMS Holdings also supplies complementary bathware and kitchenware products. BMS Holdings intends to use 42.8% or RM34.3 million of the proceeds to expand its retail and distribution network, which includes establishing new showrooms in Seremban, Selangor and Kuala Lumpur, as well as a new distribution centre in the Klang Valley. The company also plans to acquire electric vehicle forklifts and upgrade existing facilities, including its retail outlets in Kota Damansara, Kepong and Klang, along with its Pasir Gudang distribution centre. In addition, BMS Holdings will channel 21.2% or RM17 million of its IPO proceeds to enhance its digital infrastructure by implementing an upgraded enterprise resource planning system and warehouse management system. The remainder will be used for working capital (23.5%), marketing activities (5%), and estimated listing expenses (7.5%). “This initiative and work allow us to serve our customers better, reach more people and build a stronger operational foundation for long-term sustainable growth,” said managing director Ang Kwee Peng in his opening speech during the launch of its prospectus.

Milestone Achievement for BMS Holdings Berhad✨ We are pleased to announce that BMS has officially signed an underwriting agreement today, signifying a key step in our strategic growth and corporate development. This milestone underscores our commitment to sustainable expansion and financial confidence as we continue to strengthen our position in the building materials industry. A sincere thank you to our partners and team members whose dedication and collaboration made this possible. Together, we’re building for the future. #JubinBMS #UnderwritingAgreement #CorporateGrowth #BuildingMaterials #BusinessMilestone #Teamwork

Excited to announce that BMS Holdings has secured Bursa Malaysia’s approval to list on the ACE Market — marking a major milestone in our journey. IPO is slated for Q4 2025, with 364 million new shares and 156 million existing shares on offer!✨