Boustead takes a helicopter view

OVER the past few months, Boustead Holdings Bhd has inked two deals to buy a healthcare unit and an aviation company. What both these acquired businesses have in common is that each has a 10-year order book.

Boustead is seen to have paid reasonable prices for these purchases, which offer recurring income. But what analyst are hoping for is that Boustead will be a beneficiary in the Government's disposal of two pieces of land 60 acres in Jalan Cochrane and 245 acres in Jalan Ipoh.