Boustead clarifies it is not in talks to sell BHPetrol


KUALA LUMPUR: Boustead Holdings Bhd (BHB) has clarified that it has not had any material discussions with any parties pertaining to the alleged sale of Boustead Petroleum Marketing Sdn Bhd (BHPetrol).

In a statement, the company said this was in response to a news wire story that it is proposing to divest its gas stations in Malaysia for RM2bil.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Boustead , Boustead Petroleum , BHPetrol

Next In Business News

Genting’s high-stakes double-edged win
Mega port strategy in the dock
Investors turn to EMs
Casino home run for Cohen
Majuhome� built to last
Cortina rolls out mobile homes for Winter Games
Thai market wades out of flood woes
China’s slow stock rally gains investor trust
Super scheme blows the roof off
Telcos pay for DNB’s misfire

Others Also Read