Boustead Holdings Takes Boustead Properties Private
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…