PETALING JAYA, September 20, 2015 – The BHPetrol Orange Run marked an exciting milestone this year as it celebrated its tenth run. The annual run has grown over this past decade while staying true to its aim of promoting healthy living as well as giving back to the community through its contributions. . Managing Director…
KUALA LUMPUR, September 8, 2015 – Boustead Plantations Berhad (BPB) is set to dispose of six parcels of land located in Kulaijaya, Johor. The combined land area comprises 104.4 hectares, with a total cash consideration of RM60.7 million. BPB and its wholly-owned subsidiary, Boustead Sungai Manar Sdn Bhd, have entered into sales and purchase agreements…
KUALA LUMPUR, August 24, 2015 – Boustead Holdings Berhad (Boustead) registered a higher profit after tax (PAT) of RM50.8 million for its second quarter ended 30 June 2015, an 18% increase compared with RM43.1 million in the preceding quarter. Profit before tax (PBT) rose to RM83.3 million on the back of an improved turnover of…
Declares Second Interim Dividend of 5 sen per share KUALA LUMPUR, August 20, 2015 – Boustead Plantations Berhad (BPB) recorded a stronger performance for its second quarter ended 30 June 2015, with a profit after tax of RM47 million, a significant increase from RM6 million in the preceding quarter. Profit before tax for the quarter…
KUALA LUMPUR, May 25, 2015 – Boustead Holdings Berhad (Boustead) registered a profit after tax of RM43 million for its first quarter ended 31 March 2015. Profit before tax (PBT) for the Group came in at RM70 million on the back of a turnover of RM1.9 billion for the quarter under review. Net assets per…
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…
KUALA LUMPUR, April 14, 2015 – Boustead Holdings Berhad (BHB) today announced a capital injection for its latest proposed acquisition of 50% of the issued and paid-up ordinary share capital in Irat Properties Sdn Bhd representing 93,333,333 Irat shares, amounting to a total cash consideration of RM199 million. YBhg Tan Sri Dato’ Seri Lodin Wok…
PETALING JAYA, April 6, 2015 – Amidst a demanding economic backdrop, Boustead Holdings Berhad (BHB) will continue to build on its diversified core businesses to ensure the sustainable growth of the Group. For the financial year ended 31 December 2014, the Group registered sustained results, with a profit before tax of RM686 million on the…
KUALA LUMPUR, March 6, 2015 – In line with its drive to enhance its business prospects and explore new growth opportunities, Boustead Holdings Berhad (BHB) is set to build up its diverse portfolio of property investments with the proposed acquisition of 50% equity in Irat Properties Sdn Bhd. The acquisition will include two properties in…
Announces Dividend Pay-out of 5 sen KUALA LUMPUR, February 27, 2015 – Boustead Holdings Berhad (Boustead) recorded a profit after tax (PAT) of RM324 million for the fourth quarter ended 31 December 2014. This represents a 42% increase from RM228 million in the previous year’s corresponding quarter. PBT for the quarter also saw an increase,…