The downside to Bosutead Holdings' share price may be limited by a yet to be finalised reported proposal that LTAT plans on taking Boustead private at 80 sen a share.
KUALA LUMPUR: Boustead Holdings’ core net loss (CNL) of RM73.1mil in the first quarter ended March 31,2020 was in line with Kenanga Investment Research’s expectation.
It said on Monday it was keeping its FY20 forecasts unchanged on expected volatile quarters ahead, with the group swinging back and forth between profitability and losses, judging by past quarterly trend.
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