KUALA LUMPUR, April 28, 2015 – Boustead Holdings Berhad (BHB) today announced the completion of its acquisition of 50% equity in Irat Properties Sdn Bhd through a third subscription consisting of an additional 24,037,559 Irat Shares at an issue price of RM2.13 signifying a cash consideration of RM51 million. . Further to this, the sale…
KUALA LUMPUR, April 14, 2015 – Boustead Holdings Berhad (BHB) today announced a capital injection for its latest proposed acquisition of 50% of the issued and paid-up ordinary share capital in Irat Properties Sdn Bhd representing 93,333,333 Irat shares, amounting to a total cash consideration of RM199 million. YBhg Tan Sri Dato’ Seri Lodin Wok…
PETALING JAYA, April 6, 2015 – Amidst a demanding economic backdrop, Boustead Holdings Berhad (BHB) will continue to build on its diversified core businesses to ensure the sustainable growth of the Group. For the financial year ended 31 December 2014, the Group registered sustained results, with a profit before tax of RM686 million on the…