KEY HIGHLIGHTS Profit After Taxation and Zakat (PAT) registered at RM147.3 million Revenue surged by 95% to RM3.68 billion EBITDA recorded a significant jump by 144% to RM370.7 million KUALA LUMPUR, 30 November 2021 – Boustead Holdings Berhad (Boustead) today announced its financial results for the third quarter ended 30 September 2021 (Q3 FY2021),…
KUALA LUMPUR, 13 September 2021 – Boustead Holdings Berhad (Boustead) continues to strengthen its Board leadership with the appointments of Pauline Teh Abdullah as its new Independent Non-Executive Director, and its current Independent Non-Executive Director Dato’ Seri Rosman Mohamed as the Chairman of Audit Committee, effective today. Pauline, who also sits on the Board Audit…
KUALA LUMPUR, 17 August 2021 – Boustead Holdings Berhad (Boustead) today announced that it has taken another step in its Reinventing Boustead strategy by exiting from its venture in the University of Nottingham in Malaysia (UNM). The strategy focuses on rationalising non-strategic assets as well as accelerating the Group’s performance improvement by capitalising on emerging…
KEY HIGHLIGHTS Boustead returns to the black after 6 consecutive quarters of losses Profit Before Taxation and Zakat surged at RM121.3 million EBITDA at RM274.2 million, improvement of 156% KUALA LUMPUR, 31 May 2021 – Boustead Holdings Berhad (Boustead) returns to the black in the first quarter ended 31 March 2021 (Q1 FY2021) with…
KUALA LUMPUR, 30 APRIL 2021: We refer to the news article titled “Who’s next after Zeti, Amrin?” which appeared on the online news portal New Straits Times today at 10.25am. We wish to clarify that such changes of leadership at Boustead Holdings Berhad (Boustead) as reported by the article are UNTRUE. The Star and The…
KUALA LUMPUR, 29 APRIL 2021: We refer to the news article titled “Speculation rife about Boustead’s MD Shazalli Ramly heading to LTAT” which appeared on the online news portal The Edge Markets on Wednesday 28 April 2021, 4.46pm. We wish to clarify that such changes of leadership at Boustead Holdings Berhad (Boustead) as reported by…
KUALA LUMPUR, 29 APRIL 2021: We refer to the news article titled “Exclusive: Shazalli is tipped to be new LTAT CEO” which first appeared on the The Star Online on Wednesday 28 April 2021, 1.41pm. We wish to clarify that such changes of leadership at Boustead Holdings Berhad (Boustead) as reported by the article are…
KEY HIGHLIGHTS Revenue lowered by 24% to RM 7.86 billion for FY2020 Loss After Tax and Zakat (LAT) for FY2020 stood at RM500.7 million, a reduction by 64% from LAT of RM1.39 billion in FY2019 EBITDA for the year stood at RM581 million, up by 28% from RM455.2 million in FY2019 KUALA LUMPUR, 31…
Kuala Lumpur, 19 March 2021 – Boustead Holdings Berhad (BHB) has taken another step to fortify its Reinventing Boustead initiative by disposing its Klang-based international cruise terminal and stay focused on the core investments. The Company today entered a conditional share sales agreement with Westports Holdings Berhad and Klang Port Management Sdn Bhd to dispose…
Kuala Lumpur, 2 Februari 2021 – Lembaga Pengarah Boustead Holdings Berhad (“Boustead” atau “Kumpulan”) hari ini telah menerima pemakluman daripada Lembaga Tabung Angkatan Tentera (“LTAT”) bahawa Cadangan Penswastaan (“Cadangan”) tidak akan diteruskan buat masa ini. Keputusan ini dicapai setelah mengambil kira pelbagai faktor risiko dalam menjalankan Cadangan tersebut, terutamanya keadaan ekonomi semasa yang mencabar kesan daripada…