KUALA LUMPUR, December 22, 2017 – Boustead Holdings Berhad (BHB) is set to increase its total assets and expand its land bank with the significant addition of a prime parcel of freehold land located along Jalan Cochrane in Kuala Lumpur. BHB entered into a sales and purchase agreement with Lembaga Tabung Angkatan Tentera (LTAT) today,…
KUALA LUMPUR, November 30, 2017 – Boustead Holdings Berhad (BHB) recorded a strong performance for its third quarter ended 30 September 2017. Profit after tax (PAT) increased to RM581 million compared with RM93 million in the previous year’s corresponding quarter, while profit before tax (PBT) grew to RM643 million from RM120 million in the same…
PETALING JAYA, October 2, 2017 – The BHPetrol Orange Run is back for the 12th consecutive year! Organised by BHPetrol in collaboration with Polis DiRaja Malaysia, Majlis Perbandaran Petaling Jaya and Affin Bank, the annual marathon encourages Malaysians to embrace healthier lifestyles while giving back to those in need in society. Mr Tan Kim Thiam,…
KUALA LUMPUR, August 30, 2017 – Boustead Holdings Berhad (BHB) recorded an improved performance for its second quarter ended 30 June 2017, with a profit after tax (PAT) of RM127 million compared with RM41 million in the preceding quarter. Profit before tax came in at RM162 million while revenue stood at RM2.4 billion. For its…
KUALA LUMPUR, August 22, 2017 – Boustead Plantations Berhad (BPB) today announced the proposed acquisition of 42 parcels of plantation land in Sabah, amounting to a total of approximately 11,600 hectares. The Group issued a letter of intent (LOI) to Pertama Land & Development Sdn Bhd for the proposed acquisition of the land, located within…
KUALA LUMPUR, May 29, 2017 – Boustead Holdings Berhad (BHB) delivered a strong performance for its first quarter ended 31 March 2017, with a profit after tax of RM41 million, a substantial jump from RM10 million in the previous year’s corresponding quarter. Profit before tax grew to RM72 million compared with RM36 million in the…
KUALA LUMPUR, April 6, 2017 – Boustead Holdings Berhad (BHB) continues to leverage on its solid foundation and diversified nature to drive sustainable growth. The Group remained resilient amidst tough headwinds in 2016, turning in a strong performance. For the financial year ended 31 December 2016, the Group recorded improved results with a profit after…
Full Year PAT of RM589 Million Surges Fourfold KUALA LUMPUR, February 28, 2017 – Boustead Holdings Berhad (Boustead) turned in a strong performance for the financial year 31 December 2016 with a profit after tax (PAT) of RM589 million, reflecting a fourfold jump compared with RM139 million in the previous financial year. Profit before tax…