Lodin (right) expects Boustead to improve performance this year. With him is chairman Gen Tan Sri Mohd Ghazali Che Mat.
PETALING JAYA: Diversified group Boustead Holdings Bhd is expected to spend RM700mil in capital expenditure this year, excluding any acquisition allocation.
This year’s capex would be more than last year’s total spending of RM700mil, which included investments and acquisitions.
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