Boustead Completes Acquisition of Irat Properties
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…