PETALING JAYA: Boustead Holdings Bhd made a slew of announcements yesterday ranging from a venture into planting and extracting algae oil to the disposal of a parcel of land located along Jalan Cochrane and the resignation of one of its board members.
Yesterday, the loss-making conglomerate announced its venture into algae oil that would see Boustead partnering with Next Generation Oil Sdn Bhd for the development of large-scale algae plantations to meet the increasing global demand for biofuels.
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