KEY HIGHLIGHTS Revenue of RM1.9 billion recorded for the third quarter. EBITDA of RM152 million for the third quarter. Loss before tax for the third quarter lowered to RM14 million, compared with a loss before tax of RM156 million in the same quarter last year. KUALA LUMPUR, November 30, 2020 – Boustead Holdings Berhad (BHB)…
Kuala Lumpur, 27 November 2020 – Boustead Holdings Berhad (“Boustead” or the “Group”) today announced the appointment of Dato’ Sri Mohammed Shazalli Ramly as its Group Managing Director, effective 1 December 2020. Dato’ Sri Mohammed Shazalli, has had an illustrious career with over 30 years of professional experience in various industries namely Telecommunications, Media & Broadcasting,…
KUALA LUMPUR, August 21, 2020 – Boustead Holdings Berhad (Boustead) is pleased to announce two new appointments to the Company’s Board of Directors, effective 21 August 2020, comprising: 1. Tan Sri Abu Bakar Abdullah as Independent Non-Executive Director 2. Dato’ Hajjah Zurainah Musa as Non-Independent Non-Executive Director Tan Sri Abu Bakar Abdullah, aged 65, brings with…
KUALA LUMPUR, July 17, 2020 – As part of its commitment to strengthen prospects and unlock value, Boustead Holdings Berhad (Boustead) today unveiled its Transformation Plan to drive the Group forward for the next three years. Premised upon the three pillars of Evolve, Efficiency and Excellence, this will set a course for the transformation of the…
KUALA LUMPUR, July 01, 2020 – Boustead Holdings Berhad (Boustead) today announced the appointment of Encik Izaddeen Daud as Executive Director of Group Business Development, effective 1 July 2020. Encik Izaddeen, aged 51, first joined Boustead’s Board of Directors as an independent non-executive director on 18 May 2020. He brings with him a wealth of experience…
KEY HIGHLIGHTS Revenue of RM2.3 billion recorded for the first quarter. EBITDA stood at RM107 million for the first quarter. Earnings impacted by challenging environment as a result of Covid-19 pandemic and the Movement Control Order (MCO). KUALA LUMPUR, June 19, 2020 – Boustead Holdings Berhad (BHB) recorded a revenue of RM2.3 billion for its…
Bottom Line Impacted by Impairments & Amortisation KEY HIGHLIGHTS Revenue up by 1% to RM10.3 billion for FY2019. EBITDA for the year stood at RM441 million, a 30.7% increase from RM337.4 million in FY2018 Excluding impairments, accelerated amortisation and gain on disposal of land, the Group’s loss before taxation stood at RM128 million, marking a…
KUALA LUMPUR, August 28, 2019 – Boustead Holdings Berhad Group (BHB) delivered an improved performance for its second quarter ended 30 June 2019, with a consolidated profit after tax (PAT) of RM84 million compared with a deficit recorded in the same quarter last year. Consolidated profit before tax (PBT) rose to RM119 million while consolidated…
KUALA LUMPUR, July 26, 2019 – Boustead Holdings Berhad (BHB) today announced that the following Board members will be departing from the Group effective 31 July 2019 Chairman and Non-Independent Non-Executive Director, Gen. Tan Sri Dato’ Seri Panglima Mohd Ghazali Hj. Che Mat (R), aged 88, who joined the Group in 1990. Non-Independent Non-Executive Director,…
KUALA LUMPUR, July 12, 2019 – Boustead Holdings Berhad today announced new appointments to its Board effective 15 July 2019, comprising: Lieutenant General Dato’ Fadzil Bin Mokhtar (R) as Independent Non-Executive Director Dato’ Nonee Ashirin Dato’ Mohd Radzi as Independent Non-Executive Director Mr Abraham Verghese as Independent Non-Executive Director Mr Loong Caesar as Independent…