KUALA LUMPUR, November 24, 2009 – Boustead Holdings Berhad (Boustead) continued its positive performance into the third quarter of its 2009 financial year with a profit after tax of RM108 million, a 72% increase from the preceding quarter’s profit of RM63 million. This strong result was achieved on the back of a turnover of RM1.4…
KUALA LUMPUR, August 21, 2009 – For the six months ended 30 June 2009, Boustead Holdings Berhad (Boustead) recorded a profit before tax of RM168 million on the back of a turnover of RM2.5 billion. The Group registered a second quarter profit after tax of RM63 million, down marginally from RM68 million recorded in the…
KUALA LUMPUR, July 23, 2009 – Al-Hadharah Boustead REIT (Al-Hadharah REIT), Malaysia’s first and only Islamic plantations REIT continues to chart a commendable performance for its half year ended June 30, 2009. For the period under review, the Fund recorded a profit after tax of RM36.8 million which is an increase from last year’s…
KUALA LUMPUR, June 23, 2009 – The Government’s investment arm, Khazanah Nasional Berhad (Khazanah), through its wholly-owned subsidiary, Themed Attractions and Resorts Sdn Bhd (TAR), together with Government-Linked Boustead Holdings Berhad (Boustead Group) marked a significant milestone today by signing a licensing agreement via their Joint Venture company, Rakan Riang Sdn. Bhd. (RRSB), to develop…
KUALA LUMPUR, June 8, 2009 – In a unique gesture of appreciation to those who place the safeguard of our nation ahead of themselves, Boustead Holdings Berhad (Boustead Group) contributed a specially configured bus to the Community Rehabilitation Center of the Malaysian Armed Forces (PPDK). The initiative was part of the Boustead Group’s corporate social…
KUALA LUMPUR, May 29, 2009 – Boustead Holdings Berhad (Boustead) has once again showcased its commitment to strengthen its financial position by expecting to raise up to RM729 million via a rights issue on the basis of two (2) rights shares for every five (5) existing ordinary shares. The rights issue price has been fixed…
KUALA LUMPUR, May 21, 2009 – Al-Hadharah Boustead REIT (Al-Hadharah REIT), the only Islamic plantation REIT in the nation is on track with a positive performance in the first quarter ending 31 March 2009. The Al-Hadharah REIT recorded a profit after tax of RM20 million representing an increase of 17% compared with last year’s result…
KUALA LUMPUR, May 18, 2009 – In spite of the global economic turmoil, Boustead Holdings Berhad (Boustead) is declaring a dividend of 5 sen or 10% for its first quarter ended 31 March 2009. This is a testament of the Group’s commitment to its shareholders even with uncertainties prevailing in the economy. For its quarter…
KUALA LUMPUR, April 2, 2009 – Having completed sterling results in the challenging financial year of 2008, Boustead Holdings Berhad, (Boustead Group) is positive on its outlook for 2009 despite trying market conditions. For its just concluded financial year, the Group recorded a profit after tax of RM668 million for the year ended 31 December…
KUALA LUMPUR, March 31, 2009 – Boustead Heavy Industries Corporation Berhad (BHIC) has clearly proven it is on track to expand its horizons with a turnover of RM496 million, a significant 324% compared with RM117 registered last year. This commendable four-fold increase in revenue was mainly due to lower progress billings from its shipbuilding contracts.…