Boustead confirms privatisation of Al-Hadharah Boustead REIT


PETALING JAYA: Boustead Holdings Bhd said it will privatise its plantation-based Al-Hadharah Boustead REIT at RM2.10 per share, confirming a report by StarBiz.

Boustead, Al-Hadharah's biggest shareholder, said on Tuesday it was planning to list an enlarged Boustead Plantations Bhd (BPB) via the consolidation of its plantation assets in an exercise aimed at unlocking value.

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Boustead , Al-Hadharah

   

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