About Us

Early Beginnings (1819-1900s)
Founded shortly after Sir Stamford Raffles established the British Settlement in Singapore in 1819, Boustead began as a modest trading company. Initially, its core business activities were focused on import and export, alongside serving as shipping and insurance agents. As trade between Europe and the Far East increased, the strategic importance of the Straits of Malacca grew, prompting Edward Boustead to open a branch in Penang in 1864.

Expansion and Diversification (1900s-1960s)
At the dawn of the 20th century, Boustead diversified its business interests. By 1911, the company had ventured into the rubber trade, eventually expanding into the management and ownership of rubber estates. This move allowed Boustead to ascend the value chain, exporting both sheet rubber and latex. With Malaya’s rapid growth, Boustead further broadened its portfolio to include the import and distribution of a wide range of goods.

Corporate Evolution (1960s-Present)
In 1961, Boustead consolidated its various businesses, forming a new public listed company known as Boustead & Co. Limited. The entity underwent a name change in 1966, becoming Boustead Holdings Berhad (BHB). A significant milestone was achieved in 1976 when the Group transitioned into a wholly-owned Malaysian entity. Since then, BHB has continued to evolve, adapting to the changing economic landscape while maintaining its foundational principles of resilience and strategic diversification.

Modern Era and Future Outlook
Today, BHB is a diversified conglomerate with interests spanning across various industries, including pharmaceutical, heavy industries, property and industrial as well as trading, finance and investment. The Group remains committed to sustainable growth, innovation, and contributing to the economic development of Malaysia.

By emphasising its rich heritage and strategic evolution, the Group continues to uphold its legacy while embracing future opportunities.