KUALA LUMPUR, November 29, 2010 – Boustead Holdings Berhad (Boustead) continued its strong performance into its third quarter ended September 30, 2010. For the nine-month period under review, the Group registered a profit after tax at RM390 million compared with the corresponding period for the previous financial year of RM239 million. This represents a 63%…
KUALA LUMPUR, November 2, 2010 – Boustead Holdings Berhad (Boustead) is set to put into motion a strategic corporate initiative which is expected to fuel its acquisition drive and pare down short-term borrowings. Boustead will undertake a guaranteed medium term notes (MTN) programme which will have a tenure of up to seven years from the…
KUALA LUMPUR, August 23, 2010 – Boustead Holdings Berhad (Boustead) registered a strong profit after tax of RM161 million for its second quarter ended June 30, 2010 compared with a profit of RM104 million registered in the first quarter of the current financial year. This was achieved on the back of a turnover of RM1.4…
KUALA LUMPUR, June 11, 2010 – Boustead Holdings Berhad (Boustead Group) is set to strengthen its position in the pharmaceutical industry via the proposed acquisition of Pharmaniaga Berhad (Pharmaniaga), a member of UEM Group Berhad (UEM). The proposed exercise will involve the Boustead Group acquiring 86.81% of the issued and paid-up share capital of Pharmaniaga…
KUALA LUMPUR, May 31, 2010 – Boustead Holdings Berhad (Boustead) is looking forward to a positive financial year as it recorded a profit after tax of RM104 million for the first quarter of its 2010 financial year. This represents a 54% increase compared with the previous year’s first quarter results of RM68 million. The Group’s…
KUALA LUMPUR, April 5, 2010 – Boustead Holdings Berhad (Boustead Group) is set to increase and improve shareholder value through regular and consistent dividend payments for its 2010 financial year. This follows closely with the Group’s 2009 dividend track record whereby dividends were paid every quarter. For its financial year ended 31 December 2009, the…
KUALA LUMPUR, March 18, 2010 – YAB Dato’ Sri Mohd Najib bin Tun Haji Abdul Razak, Prime Minister of Malaysia officially opened the Royale Chulan Kuala Lumpur yesterday. Also present at the event was YABhg Datin Sri Rosmah Mansor. YB Dato’ Sri Dr. Ahmad Zahid bin Hamidi, Defence Minister of Malaysia, and other dignitaries were…
KUALA LUMPUR, March 2, 2010 – Boustead Holdings Berhad (Boustead Group) marked a significant corporate exercise today by disposing its 80% stake of BH Insurance (M) Berhad to AXA Affin General Insurance Berhad. The move is in line with the Group’s decision to streamline its insurance business. The exercise will see the disposal of the…