SEMENYIH, November 13, 2014 – With a view to contributing to the sustainable development of the nation’s biomass sector, a signing ceremony recently took place to commemorate a successful triple-helix collaboration across academia, industry and Government. A Memorandum of Understanding was signed between The University of Nottingham Malaysia Campus (UNMC), Eureka Synergy Sdn Bhd and…
KUALA LUMPUR, September 7, 2014 – Showing support for a good cause has never been easier. For its ninth consecutive year, the BHPetrol Orange Run 2014 creates a platform for Malaysians to adopt an active lifestyle while contributing towards deserving organisations and individuals. This year’s run saw more than 3,000 runners participating. The 12-km run…
KUALA LUMPUR, August 20, 2014 – Boustead Holdings Berhad (Boustead) recorded a profit after tax (PAT) of RM67.7 million for its second quarter ended 30 June 2014. Profit before tax (PBT) for the Group was RM109.9 million, signifying an 18% increase compared with the previous year’s corresponding quarter. For the half-year period, the Group registered…
KUALA LUMPUR, August 20, 2014 – Boustead Plantations Berhad (BPB) recorded a profit after tax (PAT) of RM40.5 million for the half year ended 30 June 2014, signifying a strong six-fold increase compared with RM5.8 million registered in the previous year’s corresponding period. This was achieved on the back of a 13% improvement in revenue…
KUALA LUMPUR, July 24, 2014 – With a view to expanding its stable of properties beyond Malaysian shores, Boustead Holdings Berhad (BHB) today announced the proposed acquisition of Hyde Park Hotel situated in London, the United Kingdom. The total purchase consideration is RM138,975,000, equivalent to GBP25,500,000,which was reached on a willing-seller-willing-buyer basis. BHB has entered…
KUALA LUMPUR, July 23, 2014 – Boustead Holdings Berhad (BHB) is expecting to extract greater value for the conglomerate by expanding its presence in the oil and gas sector, with the proposed acquisition of nine parcels of land located in Klang, Selangor. The combined area comprises 69.88 acres in Pulau Indah and includes prime sea-fronting…
KUALA LUMPUR, 17 July 2014 – Boustead Holdings Berhad (BHB) and Boustead Heavy Industries Corporation Berhad (BHIC) today announced that Boustead Naval Shipyard Sdn Bhd (BN Shipyard), a subsidiary of BHB and an associate of BHIC, has today signed a RM9 billion contract to design, build and deliver six (6) second-generation patrol vessels with littoral…
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…