Boustead Set To Strengthen Prospects

Media ReleasesBy aiman.jasmin@shareinvestor.comApril 7, 2014

PETALING JAYA, April 7, 2014 – Building on its strong performance for the financial year ended 31 December 2013, Boustead Holdings Berhad (BHB) looks forward to enhancing its prospects with the proposed listing of its wholly-owned subsidiary, Boustead Plantations Berhad (BPB). Subject to shareholders’ approval at the Group’s Extraordinary General Meeting (EGM) today, upon listing,…

Boustead Prepares For Plantation IPO

Media ReleasesBy aiman.jasmin@shareinvestor.comApril 7, 2014

PETALING JAYA, April 7, 2014 – Boustead Holdings Berhad (Boustead Group) today announced its ultimate intention to list an enlarged Boustead Plantations Berhad (BPB) on Bursa Malaysia via the consolidation of its plantation assets in an exercise aimed at unlocking value. The Group’s plantation business is currently undertaken via its wholly-owned subsidiary, BPB and its…