KUALA LUMPUR , May 20, 2008 – Boustead Holdings Berhad (Boustead) continued its sterling performance into the first quarter of its financial year 2008 with a profit before tax of RM234 million on the back of turnover of RM1.8 billion. This represented a 91% increase in turnover and an outstanding rise in profit before tax…
KUALA LUMPUR, May 16, 2008 – Boustead Heavy Industries Corporation (BHIC) continues to strengthen its reputation as one of the leading participants in the maritime sector by having successfully secured two construction contracts worth RM205 million today. The contracts for the construction of 2 separate 111m Accommodation Work Barges were signed between Boustead Penang Shipyard…
KUALA LUMPUR , May 15, 2008 – Boustead Holdings Berhad (BHB) today announced its proposed take-over offer for Boustead Properties Berhad (Boustead Properties). With this significant corporate exercise, minority shareholders of Boustead Properties can expect to gain a handsome premium for their equity due to the offer put forward by BHB. Under this proposed voluntary…
KUALA LUMPUR, 5 May 2008 – Staying on a positive course after its successful turnaround, Boustead Heavy Industries Corporation Berhad (BHIC) is poised to deliver continued growth in its current financial year. For its first quarter ended 31 March 2008, the BHIC Group recorded a profit before tax of RM31.8 million on the back of…
