KUALA LUMPUR, December 22, 2016 – Boustead Plantations Berhad (BPB) is set to dispose of five parcels of land located in Seberang Perai Utara, Pulau Pinang, with a combined land area of 678 hectares. BPB has entered into a sale and purchase agreement with Setia Recreation Sdn Bhd for the proposed sale for a total…
KUALA LUMPUR, December 21, 2016 – As part of its ongoing drive to unlock value, Boustead Plantations Berhad (BPB) has entered into a conditional share sale agreement with Permodalan Darul Ta’zim Sdn Bhd (PDT) for the proposed disposal of BPB’s 76.1% equity interest in Boustead Sedili Sdn Bhd (Boustead Sedili), for a total cash consideration…
KUALA LUMPUR, November 30, 2016 – Boustead Holdings Berhad (BHB) delivered an improved performance for its third quarter ended 30 September 2016, with a profit after tax (PAT) of RM93 million. This marks a substantial 102% increase from RM46 million in the same quarter last year. Profit before tax (PBT) grew to RM120 million compared…
KUALA LUMPUR, November 16, 2016 – Boustead Plantations Berhad (BPB) delivered an improved performance for its third quarter ended 30 September 2016, with a profit after tax (PAT) of RM38 million. This marks a 73% increase compared with RM22 million in the previous year’s corresponding quarter. Profit before tax (PBT) improved to RM50 million while…
KUALA LUMPUR, August 24, 2016 – Boustead Holdings Berhad (BHB) recorded an improved performance for its first six months ended 30 June 2016, with a profit after tax (PAT) of RM311 million, marking a substantial 231% increase from RM94 million in the previous year’s corresponding period. Profit before tax (PBT) grew by 135% to RM359…
Declares First Interim Dividend of 5 sen per share KUALA LUMPUR, May 25, 2016 – Boustead Holdings Berhad (BHB) recorded a profit after tax of RM10 million for its first quarter ended 31 March 2016. Profit before tax came in at RM36 million while revenue for the period stood at RM1.9 billion. As part of the…
PETALING JAYA, April 4, 2016 – Boustead Holdings Berhad emerged from an exceptionally tough year with satisfactory profit and a renewed commitment to strengthen operational efficiencies, while capitalising on the opportunities that lie inherent for its diversified core businesses. For the financial year ended 31 December 2015, the Group delivered a profit before tax of…
Total dividend declared for the year: 20 Sen KUALA LUMPUR, February 29, 2016 – Boustead Holdings Berhad concluded its financial year ended 31 December 2015 with a profit after tax of RM139 million. Profit before tax for the full year stood at RM269 million, on the back of a revenue of RM8.7 billion. In line…
& OFFERS BONUS SHARES TO SHAREHOLDERS KUALA LUMPUR, January 18, 2016 – Boustead Holdings Berhad (BHB) announced a proposed renounceable rights issue of up to 413,671,221 new shares of RM0.50 each. The proposed rights issue is on the basis of two new shares for five BHB shares held at an entitlement date that will be…
