KUALA LUMPUR, May 31, 2010 – Boustead Holdings Berhad (Boustead) is looking forward to a positive financial year as it recorded a profit after tax of RM104 million for the first quarter of its 2010 financial year. This represents a 54% increase compared with the previous year’s first quarter results of RM68 million. The Group’s…
KUALA LUMPUR, April 5, 2010 – Boustead Holdings Berhad (Boustead Group) is set to increase and improve shareholder value through regular and consistent dividend payments for its 2010 financial year. This follows closely with the Group’s 2009 dividend track record whereby dividends were paid every quarter. For its financial year ended 31 December 2009, the…
KUALA LUMPUR, March 18, 2010 – YAB Dato’ Sri Mohd Najib bin Tun Haji Abdul Razak, Prime Minister of Malaysia officially opened the Royale Chulan Kuala Lumpur yesterday. Also present at the event was YABhg Datin Sri Rosmah Mansor. YB Dato’ Sri Dr. Ahmad Zahid bin Hamidi, Defence Minister of Malaysia, and other dignitaries were…
KUALA LUMPUR, March 2, 2010 – Boustead Holdings Berhad (Boustead Group) marked a significant corporate exercise today by disposing its 80% stake of BH Insurance (M) Berhad to AXA Affin General Insurance Berhad. The move is in line with the Group’s decision to streamline its insurance business. The exercise will see the disposal of the…
KUALA LUMPUR, November 24, 2009 – Boustead Holdings Berhad (Boustead) continued its positive performance into the third quarter of its 2009 financial year with a profit after tax of RM108 million, a 72% increase from the preceding quarter’s profit of RM63 million. This strong result was achieved on the back of a turnover of RM1.4…
KUALA LUMPUR, August 21, 2009 – For the six months ended 30 June 2009, Boustead Holdings Berhad (Boustead) recorded a profit before tax of RM168 million on the back of a turnover of RM2.5 billion. The Group registered a second quarter profit after tax of RM63 million, down marginally from RM68 million recorded in the…
KUALA LUMPUR, July 23, 2009 – Al-Hadharah Boustead REIT (Al-Hadharah REIT), Malaysia’s first and only Islamic plantations REIT continues to chart a commendable performance for its half year ended June 30, 2009. For the period under review, the Fund recorded a profit after tax of RM36.8 million which is an increase from last year’s…
KUALA LUMPUR, June 23, 2009 – The Government’s investment arm, Khazanah Nasional Berhad (Khazanah), through its wholly-owned subsidiary, Themed Attractions and Resorts Sdn Bhd (TAR), together with Government-Linked Boustead Holdings Berhad (Boustead Group) marked a significant milestone today by signing a licensing agreement via their Joint Venture company, Rakan Riang Sdn. Bhd. (RRSB), to develop…
KUALA LUMPUR, June 8, 2009 – In a unique gesture of appreciation to those who place the safeguard of our nation ahead of themselves, Boustead Holdings Berhad (Boustead Group) contributed a specially configured bus to the Community Rehabilitation Center of the Malaysian Armed Forces (PPDK). The initiative was part of the Boustead Group’s corporate social…
KUALA LUMPUR, May 29, 2009 – Boustead Holdings Berhad (Boustead) has once again showcased its commitment to strengthen its financial position by expecting to raise up to RM729 million via a rights issue on the basis of two (2) rights shares for every five (5) existing ordinary shares. The rights issue price has been fixed…