Boustead Holdings To Privatise Boustead Heavy Industries Corporation Berhad
PETALING JAYA, 10 February 2026 — Boustead Holdings Berhad (“BHB”) informed the Board of Directors of Boustead Heavy Industries Corporation Berhad (“BHIC”) (“Board”) of its intention to privatise BHIC, a 72.38%-owned subsidiary of BHB via a letter dated today, (“Proposed Letter”) by way of: a selective capital reduction and repayment for all ordinary shares in…