Indicative offer price for Boustead Plantations at RM1.60 a share


Boustead Holdings Bhd deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin at media briefing after the group AGM and EGM on Monday. FAIHAN GHANI/The Star.

PETALING JAYA: Boustead Holdings Bhd (BHB) expects to raise RM928mil from the proposed listing of its plantation arm, Boustead Plantations Bhd, at an indicative offer price of RM1.60 a share.

BHB deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin (pic) said the group was planning for the initial public offering (IPO) to take place between end-May and mid-June.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , boustead , plantation , ipo

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