KUALA LUMPUR, June 26, 2014 –Boustead Plantations Berhad (BPB), a listed subsidiary of Boustead Holdings Berhad (BHB), officially made its debut on the Main Board of Bursa Malaysia today. With over 100 years of plantation management experience backed by BHB, BPB is one of the most established and experienced upstream oil palm plantation companies in…
KUALA LUMPUR, June 16, 2014 – The initial public offering (IPO) of Boustead Plantations Berhad (BPB) received a strong response from investors, with its retail tranche for the Malaysian public being oversubscribed by 6 times. The IPO received 30,787 applications for 448 million shares valued at RM717 million from the Malaysian public. BPB’s institutional offering…
PETALING JAYA, June 3, 2014 – Boustead Holdings Berhad (BHB) today officially launched the prospectus of its plantation arm, Boustead Plantations Berhad (BPB), en-route to listing its shares on the Main Market of Bursa Malaysia Securities Berhad. The listing involves an initial public offering (IPO) of 656,000,000 shares, comprising 76,000,000 existing BPB shares and a…
KUALA LUMPUR, May 26, 2014 – Boustead Holdings Berhad (Boustead) started off the new financial year on a good note, registering a profit before tax (PBT) of RM133 million and a profit after tax of RM91 million for its first quarter ended 31 March 2014. This was achieved on the back of a turnover of…
PETALING JAYA, April 7, 2014 – Building on its strong performance for the financial year ended 31 December 2013, Boustead Holdings Berhad (BHB) looks forward to enhancing its prospects with the proposed listing of its wholly-owned subsidiary, Boustead Plantations Berhad (BPB). Subject to shareholders’ approval at the Group’s Extraordinary General Meeting (EGM) today, upon listing,…
PETALING JAYA, April 7, 2014 – Boustead Holdings Berhad (Boustead Group) today announced its ultimate intention to list an enlarged Boustead Plantations Berhad (BPB) on Bursa Malaysia via the consolidation of its plantation assets in an exercise aimed at unlocking value. The Group’s plantation business is currently undertaken via its wholly-owned subsidiary, BPB and its…
KUALA LUMPUR, February 27, 2014 – Boustead Holdings Berhad (Boustead) delivered strong results for the financial year ended 31 December 2013, with a higher profit after tax (PAT) of RM560 million, up by 12% compared with RM499 million in the previous financial year. Profit before tax (PBT) increased to RM708 million from RM593 million last…
KUALA LUMPUR, December 30, 2013 – Boustead Plantations Berhad (BPB), a wholly-owned subsidiary of Boustead Holdings Berhad (BHB), intends to list its shares on the Main Market of Bursa Securities. Upon listing, the enlarged and paid-up capital of BPB will be 1.6 billion shares of RM0.50 each. Upon the completion of the privatisation of Al-Hadharah…
KUALA LUMPUR, December 18, 2013 – – Boustead Holdings Berhad (Boustead) today announced the formal establishment of a Junior Islamic Medium Term Note Programme of up to RM1.2 billion in nominal value (Junior Sukuk Programme), after obtaining the approval from the Securities Commission Malaysia (SC) on 15 November 2013. The Junior Sukuk Programme entails the…
KUALA LUMPUR, December 5, 2013 – Boustead Holdings Berhad (Boustead Group) is on course with its continuous efforts to strengthen its businesses particularly its Plantation division. The outcome of the Group’s Extraordinary General Meeting (EGM) would mark another milestone in the conglomerate’s plans to enlist its Plantation division via an enlarged Boustead Plantations Berhad (BPB)…