Boustead’s PAT Up By 41% for Q1

Media ReleasesBy aiman.jasmin@shareinvestor.comMay 28, 2012

KUALA LUMPUR, May 28, 2012 – Boustead Holdings Berhad (Boustead) kicked of the new financial year on a resounding note recording a profit after tax of RM189.3 million for the first quarter ended March 31, 2012. This signifies a 41% growth over the previous year’s first quarter results of RM134.5 million. The Group’s profit before…

Boustead Holdings To Privatise UAC Berhad

Media ReleasesBy aiman.jasmin@shareinvestor.comMay 21, 2012

KUALA LUMPUR, May 21, 2012 – Boustead Holdings Berhad (BHB) today announced its intention to privatise UAC Berhad (UAC) by way of a Proposed Selective Capital Reduction and Repayment Exercise (Proposed SCR) and a Proposed Dividend by UAC (collectively referred to as the Proposals). BHB currently holds 65% equity interest in UAC. Pursuant to the…