Boustead Partners Otokar, PT Komodo, Huanghu Science & Technology and Chengdu Hanguang Sifang to Advance Malaysia’s Defence Industrialisation.

Media Release Boustead Holdings Berhad, Media Releases

MoUs signed to enable technology transfer, localisation and domestic capability development across key defence domains   KUALA LUMPUR, 21 January 2026 – Boustead Holdings Berhad (“Boustead”), a strategic investment holding company owned by the Lembaga Tabung Angkatan Tentera (LTAT), today announced the signing of a series of strategic Memorandum of Understanding (MoUs) with leading defence…

Boustead Group Appoints New Group Chief Executive Officer

Media Releases

PETALING JAYA, 1 Aug 2025 – Boustead Holdings Berhad (“Boustead” or “the Group”) is pleased to announce the appointment of Dato’ Indera Ir. Dr. Hj Ahmad Sabirin Arshad, FASc as its new Group Chief Executive Officer (GCEO), effective 1 August 2025. This appointment marks a strategic milestone in Boustead’s ongoing transformation into a future-ready, innovation-driven…

Dato’ Nazim Rahman Redesignated As Executive Chairman

Media Releases

Redesignation to Spearhead BHB’s Restructuring   KUALA LUMPUR, 19 JUNE 2023 – Boustead Holdings Berhad (“BHB” or “the Group”) is pleased to announce the redesignation of the Group’s Non-Independent Non-Executive Chairman Dato’ Ahmad Nazim Abd Rahman as Executive Chairman, effective today. Dato’ Nazim Rahman, who is also the Chief Executive of Lembaga Tabung Angkatan Tentera…

Clarification On The Sale Of BHpetrol

Media Releases

KUALA LUMPUR, 15 JUNE 2023 – Boustead Holdings Berhad (“BHB” or “the Group”) refers to the speculative news articles on the sale of Boustead Petroleum Marketing Sdn. Bhd., also known as BHPetrol. We wish to provide clarifications on the speculation based on unnamed sources in the article. It must be stressed that we have not…

Boustead Holdings Berhad Eyes Enhanced Resilience and Diversification for Sustainable Growth

Media Releases

PETALING JAYA, June 15, 2023 – Boustead Holdings Berhad (BHB or the Group) today held its 61st Annual General Meeting (AGM), which was held virtually with shareholders participating via livestreaming. Non-Independent Non-Executive Chairman, Dato’ Ahmad Nazim Abd Rahman, chaired the meeting, which was also attended by other members of the Board of Directors. BHB’s financial…

Boustead Records Q1 Revenue of RM3.2 Billion

Media Releases

Remains Focused on Strengthening Resilience   KUALA LUMPUR, May 29, 2023 – For the first quarter ended 31 March 2023, Boustead Holdings Berhad (BHB) recorded a revenue of RM3.2 billion. Nevertheless, the Group’s bottom line was impacted by weaker contributions from its Divisions. This resulted in a loss after tax of RM43 million for the…