Boustead Holdings deputy chairman/group managing director Tan Sri Lodin Wok Kamaruddin said the group's stronger performance was driven by gains from the disposal of plantation lands.
PETALING JAYA: Boustead Holdings Bhd has reached settlement agreements with Petronas Carigali Sdn Bhd and several other parties over the early termination of its subsidiary’s contract to supply five helicopters.
Boustead said aside from Petronas Carigali, the other parties which it had reached the settlements with were the joint operators – ExxonMobil Exploration and Production Malaysia Inc, EnQuest Petroleum Production Malaysia Ltd and Sapura Exploration and Production (PM) Inc.
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